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International traveling is going to grow in 2022 amid Omicron.

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top airline of the world 2022 emirates

A big statement coming from AirAsia CEO Tony Fernandes International traveling will grow in 2022 amid Omicron.

Travellers from seven countries are not allowed to enter UAE

Travellers from seven countries are not allowed to enter UAE

Despite the rise in Omicron covid cases, Air traveling is expecting good 2022 compared to last two years. Recently AirAsia CEO Tony Fernades said. International traveling will grow in 2022 amid Omicron. We will see a good recovery in this industry. Yes, the process will be slow, but definitely, we are going to see a positive trend in the Air traveling industry. 

Many CEOs feel we are now coming to the beginning of the end. Covid era going to end in 2022. Despite so many cases worldwide, we are currently not seeing the same fear which showed in the last two years. So this is a positive sign for all the industries. People now want to come out from this fear of death. 

As soon as borders worldwide gets open will see a significant boost in Air traveling industry. From Emirates to all the top Air traveling industry rulers feel we are coming near to normal in 2022 second quarter. 

It might take 3 to 6 months of 2022 to come back to normal. But one thing is sure we will not see more fall in this industry. We are expecting a boost from April to June 2022 worldwide. 

AirAsia chief executive Tony Fernandes:

According to AirAsia chief executive Tony Fernandes, international travel will recover in 2022 amid Omicron cases. “I do believe that we’re at the beginning of the end,” he told CNBC’s “Squawk Box Asia” on Monday, noting that the rally has already started in earnest.

Air travelers were not aware of the future at the same time in 2021. This year, they are getting a booking for many places, which means demand is there in the market. 

The market is yet very, very under-penetrated, Fernandes said. There’s a vast, massive upside.

Get all the latest UAE Market news only on Arab Market news. Your own trust-able news portal which brings all the latest news of UAE, Dubai and world business news. 

 

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Will Oil Prices touch triple Digits in 2022? If it reaches what will the effect on growing nations.

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Oil slipped towards $84 a barrel, the first weekly loss in about two months.

The Crude has been hovering around $88 per barrel since the last 2021 ending. Can we see Oil Prices touch triple digits in 2022? If it goes there, what will impact growing nations like India and all?

oil price per barrel near 88

Market sentiments in the oil market are upbeat. Demand may rise as omicron’s fear is getting lesser with time. Now the question is will we see oil prices touch triple digits in 2022.

Last year from November 2022, we have to see the Global benchmark brent crude jump by 25%. It is around $88 per barrel from November 2022. Market analysts suggest demand will grow. Omicron’s fear is getting lesser now, which will spark demand, and Oil prices may increase in 2022.

However, prices fell towards the end of the year as new variants emerged, and conditions were placed again in several nations to contain the Omicron variant’s spread. Prices began rising at the close of the year, gaining permission from the record highs achieved in financial market indicators. Gains were supported by the reopening of economizing and anticipated faster economic development in the near term.

Get all the latest UAE Market news only on Arab Market news. Your own trust-able news portal which brings all the latest news of UAE, Dubai and world business news.

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EXPO 2020 Dubai changing luck of Pakistan. Billions of Investment in Khyber Pakhtunkhwa.

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At last, some good news is coming for Khyber Pakhtunkhwa. They will see growth in their region. EXPO 2020 Dubai changing luck of Pakistan.

khyber Pakhtun pakistan

khyber Pakhtun pakistan

 

As per the latest news, more than 40+ deals have been made for the Khyber Pakhtun region of Pakistan. That place of Pakistan is a fantastic location, and tourism investors can earn a lot from it. So we can say that EXPO 2020 Dubai changing  luck of Pakistan. 

Investment in Pakistan:

More than $8 Billion investment in the Khyber Pakhtun area and Pakistan will boost Pakistan’s economy. This nation has passed through many ups and down over the past few decades. It’s high time for some good investment to change the fortunes of new generation Pakistanis. Dubai EXPO is where they are getting a deserving response from investors worldwide. The first location which everyone loves is Khyber Phaktun. 

Khyber Pakhtunkhwa of Pakistan:

With this investment, Khyber Pakhtunkhwa (KPK) will become the next business hub of Pakistan. Many don’t know that it is the third-largest Pakistani province in population. All the people in this region will be happy with this great news. Every Pakistani will be satisfied with this great news. Pakistan is a nation that needs to improve in many departments. Their name has been deemed due to many reasons. The main thing is terror groups. With this kind of investment in Pakistan, people’s trust will come back in Pakistan. But here, Pakistanis have to ensure that no new problem stops their projects in Pakhtun’s area. 

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By 2025, Dubai hopes to host 400 global economic events per year

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Dubai hopes to host 400 global economic events

Dubai is set to benefit from another year of successful global event bidding activity By 2025.

It secures 120 international business events for 2021 and beyond; Major association, corporate, also incentive travel program events are coming to Dubai as the city leads the global recovery. By 2025 Dubai’s business events sector also broader economy are set to benefit from another year of successful bidding led by Dubai Business Events (DBE). The city’s official convention bureau.

DBE has captured around 120 events for the year 2021 and beyond in collaboration with stakeholders from the public or private sectors.

These events, including conferences, meetings, and incentive travel programs, attract nearly 70,000 key opinion leaders, scientists, government officials. And other experts, putting Dubai at the center of global conversations about the recovery of critical sectors and professions, innovation, and economic growth.

400 global economic events per year

400 global economic events per year

The strong performance, achieved despite ongoing disruption to the global business events sector. This is primarily due to international recognition of Dubai’s handling of the Covid-19 pandemic. After organizers’ original dreams elsewhere in the world could not come to fruition. Also Dubai provided a viable and appealing alternative for hosting many events held over the past 15 months and is now in the pipeline.

“Led by His Highness Sheikh bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The city’s response to the pandemic and rapid economic recovery have been recognize. By the global business community.” In addition to becoming a preferred destination for businesses, associations. And talent across a wide range of sectors and professions. Dubai has emerged like a preferred destination for events of all sizes. According to Helal Saeed Almarri, director-general of Dubai’s Department of Economy and Tourism.

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