Bahrain continues to adopt a balanced approach that integrates environmental sustainability with economic development, said Dr Mohamed bin Mubarak Bin Daina, Minister of Oil and Environment and Special Envoy for Climate Affairs.
The Kingdom of Saudi Arabia stands to benefit from the ongoing shifts in global supply chains - from fair trade to a managed and rule-driven trade model - as it can play a vital role as a connector economy linking Africa with Europe and Asia, said its economy minister.
For economies to remain competitive in the future, they must prioritise investments in human capital, Princess Reema Bandar Al-Saud, Ambassador of Saudi Arabia to the US, told the World Economic Forum (WEF) Annual Meeting 2026 in Davos.
A new VisitBritain/VisitEngland report, Economic Value of Tourism in the United Kingdom, highlights tourism’s crucial role in the UK economy, contributing £147 billion ($198 billion) annually—around 5 per cent of GDP—through direct and supply chain impacts.
The global economy has shown resilience amid turbulence during the past year, including shifting trade policies – yet growth remains subdued and far below pre-pandemic levels, the UN said in a landmark report. The global economic output will be slightly below the 2.8% estimated for 2025.
