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GCC

Business news and financial news, analysis, opinion and statistics covering the six Gulf Corporation Council members Bahrain, Kuwait,  Oman, Qatar, Saudi Arabia and the UAE

Reichstag building, Germany during daytime

Germany boosts Gulf travel budget with Russia savings

The German National Tourist Board (GNTB) increased its marketing budget this year in the Gulf by 10 percent, after making savings by shutting down several of its international offices, including Russia. “We actually got a 10 percent budget increase because, as you can see, we unfortunately had to close our Russian office,” Yamina Sofo, director […]