• A tourist poses for pictures in front of the treasury site in the ancient city of Petra, south of Amman, Jordan. Reuters
    A tourist poses for pictures in front of the treasury site in the ancient city of Petra, south of Amman, Jordan. Reuters
  • The Propylaeum gateway to the Temple of Artemis in Jerash, Jordan. Getty Images
    The Propylaeum gateway to the Temple of Artemis in Jerash, Jordan. Getty Images
  • Dana Biosphere Reserve in Jordan was founded in 1989. Photo: Getty Images
    Dana Biosphere Reserve in Jordan was founded in 1989. Photo: Getty Images
  • People watch the sunset at Books@Cafe in the trendy Jabal Amman district. Photo: Getty Images
    People watch the sunset at Books@Cafe in the trendy Jabal Amman district. Photo: Getty Images
  • A tourist walks next to the pillars of the Roman Temple of Hercules during his visit to the Amman Citadel, an ancient Roman landmark, in Amman. Reuters
    A tourist walks next to the pillars of the Roman Temple of Hercules during his visit to the Amman Citadel, an ancient Roman landmark, in Amman. Reuters
  • Hot-air balloons fly in the Wadi Rum desert, Jordan. Reuters
    Hot-air balloons fly in the Wadi Rum desert, Jordan. Reuters

Tourism 'thriving' in Jordan again despite war in Europe


Ahmed Maher
  • English
  • Arabic

Jordan is on track for a tourism boom despite the economic consequences of Russia's invasion of Ukraine, according to its tourism and antiquities minister.

The kingdom has had its best year for tourism in the past three years, Nayef Hamidi Al Fayez told The National.

Though the outlook is bleak for some countries as the war’s economic effects pummel the favoured destinations of Russian and Ukrainian tourists, Jordan's tourism is picking up after two years of lockdowns due to the coronavirus pandemic, Mr Al Fayez said, during a visit to the Arabian Travel Market in Dubai.

“For us in Jordan, we are lucky in terms of the size of the Russian and Ukrainian market, but still, there’s an impact. We were fortunate that the impact was less harmful than in other countries,” the minister said.

Mr Al Fayez said Jordan had mainly not catered to holidaymakers from the two countries. He said he is not expecting much business to the kingdom's hospitality industry from Europe in general.

“From what I recall from the good years before the pandemic, there were around 50,000 visitors from the Russian market every year,” he said. “Ukraine was much less than that. That's similar to many other European markets for us. So our distribution of the market is equal to many other European markets. And some of the European markets are actually larger than that.”

Nayef Hamidi Al Fayez, Jordan's Minister of Tourism and Antiques, said the impact of the Russia-Ukraine war was 'less harmful' for the kingdom than other countries. Picture: Pawan Singh/The National
Nayef Hamidi Al Fayez, Jordan's Minister of Tourism and Antiques, said the impact of the Russia-Ukraine war was 'less harmful' for the kingdom than other countries. Picture: Pawan Singh/The National

Russia’s tourism industry is facing the double whammy of the pandemic and the economic and financial consequences of its invasion of Ukraine in February.

The Russian economy has been battered by western sanctions, with the rouble nosediving amid growing instability following the war on Ukraine.

The sharp change in the dollar and the euro exchange rates against the rouble have left many tourists, who favour getaway beach resorts in the Arab world, unable to afford air tickets and hotel bills. The war has driven up oil prices and made travel more expensive for holidaymakers around the world.

Aeroflot, Russia’s largest airline, suspended nearly all its international flights in early March.

The tourism industry is one of Jordan’s most important economic sectors, accounting for 13 per cent of its gross domestic product in 2019, when it welcomed an annual average of more than five million tourists — including Jordanians living abroad. Revenue reached $5.7 billion in 2019 before dropping to $1.4 billion in 2020 because of the pandemic.

The Jordanian minister talked to The National as he represented his country at the Arabian Travel Market, the leading event for the travel industry in the Middle East.

Tourism professionals from around the world gathered the Dubai World Trade Centre for the four-day event, which concludes on May 12, to market their countries’ ancient treasures and sun-drenched cities and beaches as the industry attempts to get back on its feet.

Short flights a plus for Jordan

Mr Al Fayez said returning demand is largely concentrated in the Middle East, Gulf and North Africa.

He noted Jordan’s diverse tourist attractions, from ancient cities such as Jerash and Petra — one of the New Seven Wonders of the World — to the splendour of the Dead Sea, nature reserves and hot springs.

But the weather is one of Jordan's most significant assets, with summer temperatures usually around 33°C.

“Well, to start with, we would like to look at our neighbours and our friends, especially in the GCC market. And at the same time, the expats who are living within these countries,” said Mr Al Fayez.

“But still, we saw also an interest in Jordan during winter because our winter season is also pleasant.”

A tourist views the pillars of the Roman Temple of Hercules during his visit to Jordan's Amman Citadel. Tourism accounted for 13 per cent of Jordan's GDP in 2019. Reuters
A tourist views the pillars of the Roman Temple of Hercules during his visit to Jordan's Amman Citadel. Tourism accounted for 13 per cent of Jordan's GDP in 2019. Reuters

As oil prices have been on the rise, topping $110 a barrel, the travel industry is among many sectors bearing the burden of higher prices due to the war in Ukraine.

Nevertheless, travel by plane can be an advantage for Jordan.

“The diverse product that we offer in Jordan, within a short flight, is a plus for us,” he said.

Mr Al Fayez said politics should not influence tourism, which is a key source of hard currency and income to many countries.

“We would always like to separate politics from tourism. Tourism brings people together", he said.

 

 

Company profile

Company name: Dharma

Date started: 2018

Founders: Charaf El Mansouri, Nisma Benani, Leah Howe

Based: Abu Dhabi

Sector: TravelTech

Funding stage: Pre-series A 

Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs

War and the virus
hall of shame

SUNDERLAND 2002-03

No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.

SUNDERLAND 2005-06

Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.

HUDDERSFIELD 2018-19

Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.

ASTON VILLA 2015-16

Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.

FULHAM 2018-19

Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.

LA LIGA: Sporting Gijon, 13 points in 1997-98.

BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66

Medicus AI

Started: 2016

Founder(s): Dr Baher Al Hakim, Dr Nadine Nehme and Makram Saleh

Based: Vienna, Austria; started in Dubai

Sector: Health Tech

Staff: 119

Funding: €7.7 million (Dh31m)

 

Western Region Asia Cup T20 Qualifier

Sun Feb 23 – Thu Feb 27, Al Amerat, Oman

The two finalists advance to the Asia qualifier in Malaysia in August

 

Group A

Bahrain, Maldives, Oman, Qatar

Group B

UAE, Iran, Kuwait, Saudi Arabia

 

UAE group fixtures

Sunday Feb 23, 9.30am, v Iran

Monday Feb 25, 1pm, v Kuwait

Tuesday Feb 26, 9.30am, v Saudi

 

UAE squad

Ahmed Raza, Rohan Mustafa, Alishan Sharafu, Ansh Tandon, Vriitya Aravind, Junaid Siddique, Waheed Ahmed, Karthik Meiyappan, Basil Hameed, Mohammed Usman, Mohammed Ayaz, Zahoor Khan, Chirag Suri, Sultan Ahmed

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

MATCH INFO

Champions League quarter-final, first leg

Ajax v Juventus, Wednesday, 11pm (UAE)

Match on BeIN Sports

Safety 'top priority' for rival hyperloop company

The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.

He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.

“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.

“Only once the system has been certified and approved will it move people,” he said.

HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon. 

With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.

Friday’s fixture

6.15pm: Al Wahda v Hatta

6.15pm: Al Dhafra v Ajman

9pm: Al Wasl v Baniyas

9pm: Fujairah v Sharjah

.

Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

Honeymoonish
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Elie%20El%20Samaan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENour%20Al%20Ghandour%2C%20Mahmoud%20Boushahri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
What it means to be a conservationist

Who is Enric Sala?

Enric Sala is an expert on marine conservation and is currently the National Geographic Society's Explorer-in-Residence. His love of the sea started with his childhood in Spain, inspired by the example of the legendary diver Jacques Cousteau. He has been a university professor of Oceanography in the US, as well as working at the Spanish National Council for Scientific Research and is a member of the World Economic Forum’s Global Future Council on Biodiversity and the Bio-Economy. He has dedicated his life to protecting life in the oceans. Enric describes himself as a flexitarian who only eats meat occasionally.

What is biodiversity?

According to the United Nations Environment Programme, all life on earth – including in its forests and oceans – forms a “rich tapestry of interconnecting and interdependent forces”. Biodiversity on earth today is the product of four billion years of evolution and consists of many millions of distinct biological species. The term ‘biodiversity’ is relatively new, popularised since the 1980s and coinciding with an understanding of the growing threats to the natural world including habitat loss, pollution and climate change. The loss of biodiversity itself is dangerous because it contributes to clean, consistent water flows, food security, protection from floods and storms and a stable climate. The natural world can be an ally in combating global climate change but to do so it must be protected. Nations are working to achieve this, including setting targets to be reached by 2020 for the protection of the natural state of 17 per cent of the land and 10 per cent of the oceans. However, these are well short of what is needed, according to experts, with half the land needed to be in a natural state to help avert disaster.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

UAE currency: the story behind the money in your pockets
'Cheb%20Khaled'
%3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EKhaled%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EBelieve%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A

War

Director: Siddharth Anand

Cast: Hrithik Roshan, Tiger Shroff, Ashutosh Rana, Vaani Kapoor

Rating: Two out of five stars 

The specs

Engine 60kwh FWD

Battery Rimac 120kwh Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2) chemistry

Power 204hp Torque 360Nm

Price, base / as tested Dh174,500 

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Squid Game season two

Director: Hwang Dong-hyuk 

Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

Rating: 4.5/5

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

VEZEETA PROFILE

Date started: 2012

Founder: Amir Barsoum

Based: Dubai, UAE

Sector: HealthTech / MedTech

Size: 300 employees

Funding: $22.6 million (as of September 2018)

Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC

Dengue%20fever%20symptoms
%3Cp%3EHigh%20fever%20(40%C2%B0C%2F104%C2%B0F)%3Cbr%3ESevere%20headache%3Cbr%3EPain%20behind%20the%20eyes%3Cbr%3EMuscle%20and%20joint%20pains%3Cbr%3ENausea%3Cbr%3EVomiting%3Cbr%3ESwollen%20glands%3Cbr%3ERash%26nbsp%3B%3C%2Fp%3E%0A
Updated: May 11, 2022, 11:57 AM