OMRAN Group, a leading player in the tourism industry, has been inducted into the World Economic Forum’s New Champions Community, recognizing its commitment to transformative growth and innovation. The membership, awarded at the 15th Annual Meeting of the New Champions in Dalian, China, provides OMRAN Group with access to a global network of leaders and strategic insights.
Chinese Premier Li Qiang delivered a strong message at the World Economic Forum in Dalian, warning that economic decoupling among nations could have devastating global consequences. He defended China’s industrial policies against accusations of overcapacity and cheap goods dumping, emphasizing the importance of cooperation over competition. These statements come amid rising trade tensions with the US, Canada, and the EU, all of which have imposed or are considering tariffs on Chinese electric vehicles. China has responded with potential tariff reductions on European cars in a bid to ease tensions.
India has fallen two spots to 129th place in the World Economic Forum’s (WEF) Global Gender Gap index. Iceland remains in the top position, while Pakistan ranks last among neighboring South Asian countries. Despite some improvements, the global gender gap remains significant, with parity still five generations away at the current rate of progress.
Kazakhstan has made significant progress in its tourism industry, ranking 52nd among 119 nations in the World Economic Forum’s Travel and Tourism Development Index 2024. This marks a substantial improvement from its previous position of 66th in 2021. Kazakhstan’s strong performance in categories such as health and hygiene, price competitiveness, and tourism’s socioeconomic impact contributed to its rise in the rankings.
The World Economic Forum (WEF) has released its annual Travel & Tourism Development Index (TTDI), highlighting the resurgence of the travel and tourism industry in 2024. Despite the challenges posed by the pandemic, the WEF predicts passenger numbers to return to pre-pandemic levels, driven by pent-up demand. Among the top-ranked countries, the US, Spain, and Japan emerge as the leaders. Europe dominates the top 10 economies for travel and tourism, with 26 of the top 30 scorers being high-income countries. However, the report also notes challenges facing the industry, including labor shortages, fiscal constraints, and the need for sustainable growth.
The United States has secured the top spot in the World Economic Forum’s Travel & Tourism Development Index for 2024, reflecting the country’s unparalleled economic strength and impressive tourism growth. This achievement is a testament to the U.S.’s commitment to fostering a thriving environment for travel and tourism development, showcasing its exceptional infrastructure, innovative services, and supportive policies.
World Economic Forum President Brende praised India’s financial policies and its remarkable progress in eradicating poverty, comparing it to China’s economic growth. He believes India is poised to become a $10 trillion economy within the next decade, lifting millions more people out of poverty and providing increased job opportunities. Brende also emphasized the need to prioritize investment in education, reduce red tape, and continue economic reforms to facilitate seamless economic development.
