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.
