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Insights
25-Mar-19 Mexico's foreign direct investment in tourism plummeted by 50% in 2018, to USD798.5 mn. Mexico also dropped from sixth to seventh place in arrival of foreign visitors due to the recovery of Turkey. [image: Tourism Review]
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Insights
14-Mar-19 Alipay and Barclaycard - which processes half the UK's card transactions - have collaborated to allow UK retailers to accept Alipay. 483,000 Chinese tourists will spend USD1.33 bn in 2019. The UK also has about 493,000 Chinese residents and students. [image: Alizila]
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Insights
13-Mar-19 Abu Dhabi has allocated AED0.5 bn (USD136 mn) for tourism marketing over three years. The funding will highlight attractions such as Louvre Abu Dhabi and Warner Bros World, and the Guggenheim Abu Dhabi project is reportedly also 'still active'. [image: Lourve Abu Dhabi / Handout via Thomson Reuters Zawya]
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Insights
02-Mar-19 Alibaba’s Tmall expects cosmetics brands to open 1,000 shops this year to meet demand from Chinese consumers. Seven international cosmetics companies - Tom Ford, P&G’s Oriental Therapy, Cosme, d-program, Primera and Barnängen - will open on Tmall in 2019. [image: Retail In Asia]
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Insights
28-Feb-19 Thumbay Group announced a new partnership with Noon.com, a MENA e-commerce platform, to offer its entire range of products including optical and nutrition portfolio through an online platform strengthen its presence in Egypt and GCC countries. [image: Khaleej Times]
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