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The Dubai Chamber of Commerce and Industry has stated that the family tourism market segment makes up 12.5% of the entire global tourism market. Industry professionals have noted that the size of the family tourism market segment is larger than the world’s largest conventional tourism market -  the US market - which makes up only 11.4% of the global market.
   
The report by the Dubai Chamber of Commerce and Industry was released for the 10th World Islamic Economic Forum (WIEF) - organised by Dubai Chamber and the WIEF Foundation in Dubai - which was held from 28-30 October 2014.

For the full article and more information, please visit:  http://www.10thwief.org/en/news/19/8/2014/family-tourism-emerges-as-major-growth-area-in-islamic-economy-states-dubai-chamber-report.aspx

Recent studies have indicated that GCC states are responsible for a large percentage of the world's total travel expenditure. Hotel owners in UAE have noted that a large number of their guests are from GCC states, who visit the destination to enjoy a hassle-free Halal holiday.

The Muslim travel market was worth as much as $130 billion in 2012 - which accounted for more than 12% of the world's entire outbound tourism market. The value of the market is expected to rise to about $200 billion by the year 2020.

For the full article and more information, please visit: http://gulfnews.com/halal-options-1.1404144

MasterCard and CrescentRating Announce a Global Muslim Travel Index

Collaboration aims to meet the needs of the growing Muslim lifestyle segment

Kuala Lumpur – October 29th, 2014 –MasterCard today signed an agreement with CrescentRating, the world's leading authority on Muslim Travel Market, to co-develop the MasterCard-CrescentRating Global Muslim Travel Index (GMTI). The agreement was signed during the 10th World Islamic Economic Forum in Dubai.

Over the past four years, CrescentRating has released annual rankings of Muslim-friendly holiday destinations. With this agreement, the rankings will be developed into a global index. This will not only help Muslim travelers understand how comfortable they will be at the destinations, but will also help the travel industry and investors understand and keep track of the growth potential each destination has to offer. The Index will be released in January 2015 and will be updated quarterly.

“We are enthusiastic about the growing possibilities and opportunities in the Muslim lifestyle segment. Specifically, travel and tourism have become key components for leading destination cities globally with extensive economic and social benefits.The collaboration with CrescentRating underscores our commitment to cater to the specific needs of Muslim travelers who are looking to travel with peace of mind,” said Safdar Khan, Cluster Head, Malaysia, Brunei & Indonesia and Group Head, Islamic Payments, Southeast Asia, MasterCard.

“Developing our annual ranking into a global index is something we have been extremely keen to achieve. This partnership with MasterCard now allows us to develop GMTI to be the premier Index which will keep track of the growth in this segment. This is another step in CrescentRating’s vision to help all travel industry stakeholders benefit from greater insight into this segment” said Fazal Bahardeen, CEO of CrescentRating and HalalTrip

The partnership provides MasterCard and CrescentRating an opportunity to co-develop various other rankings and indices covering holiday, shopping andisland destinations, among others, for the Muslim Travel segment.With many notable indices previously published by MasterCard, this will further strengthen MasterCard’s thought leadership role, particularly in the travel segment.

“The latest MasterCard Global Destination Cities Index has found that destination cities in the Middle East and Asia are among the top 10 fastest growing in terms of being connected to the rest of the world. This increasing connectivity is expected to drive the growth of visitor arrivals and cross-border spending in the coming years,” added Safdar Khan.

MasterCard and CrescentRating aim to proactively support the Muslim travel and tourism segment as a means to further strengthen their leadership in the development of Muslim lifestyle products.

According to CrescentRating, Muslim travellers are expected to spend USD 140 billion in 2014. This is projected to increase by 42% to USD 200 billion by the year 2020.

Click here for more info

-The End -

 

About MasterCard 

MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardAP and @MasterCardNews, join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau.

About Crescentrating Pte Ltd

Crescentrating Pte Ltd, a Singapore based company, is the pioneer and world’s leading authority on Halal Travel. Its vision is to enable Muslim travellers to explore the world with peace of mind by leading the growth of the Halal Travel segment to benefit travellers, travel service providers and the community as a whole. Crescentrating.com, HalalTrip.com and mobile application Crescent Trips bring a full portfolio of world leading products to ensure a hassle free Halal/Muslim Friendly Travel experience, whether you are travelling for leisure or business.

 

يهدف هذه التعاون إلى تلبية متطلبات نمط حياة شريحة المسلمين المتنامية

 

<لإرسال تغريدة عن هذا الخبر، الرجاء نسخ النص التالي: أول مؤشر للسياحة الإسلامية في العالم من ماستركارد وكرسنت ريتنج<

دبي – 29 أكتوبر 2014 -أبرمت "ماستركارد" اليوم اتفاقية مع "كرسنت ريتينج"، الرائدة عالمياً في سوق السفر الإسلامي، وذلك بهدف إعداد وإصدار مؤشر "ماستركارد - كرسنت ريتنج" للسياحة الإسلامية العالمي. تم توقيع الاتفاقية خلال المنتدى الاقتصادي الإسلامي العالمي العاشر الذي انعقد في دبي.

 

على مدى السنوات الأربع الماضية، أصدرت "كرسنت ريتنج" تصنيفات سنوية حول الوجهات السياحية المفضلة للمسافرين المسلمين. وبهذه الاتفاقية ستتم بلورة هذه التصنيفات على شكل مؤشر عالمي. ومن شأن ذلك أن يساعد المسافرين المسلمين على فهم مزايا الراحة والملاءمة التي سيحظون بها في الوجهات السياحية التي يقصدونها، بالإضافة إلى أنه سيقدم العون للمختصين في قطاع السفر وكذلك المستثمرين لإدراك وتتبع فرص النمو التي تتيحها كل وجهة على حدة. ومن المقرر إصدار المؤشر في شهر يناير من العام 2015 ويتم تحديثه كل ثلاثة أشهر.

 

وقال سافدار خان، رئيس قطاع المدفوعات الإسلامية في جنوب شرق آسيا في "ماستركارد": "نحن متحفزون للاستفادة من الفرص والإمكانات المتنامية لاتجاهات أنماط الحياة في المجتمع الإسلامي، خاصة وأن قطاع السفر والسياحة قد أصبح من المكونات الرئيسية لكبرى المدن المقصودة عالميا وله فوائد اقتصادية واجتماعية واسعة. ويأتي تعاوننا مع "كرسنت ريتينج" تأكيداً على التزامنا بتلبية الاحتياجات المحددة للمسافرين المسلمين الذين يتطلعون إلى الاستمتاع برحلات سفر مع راحة البال."

 

وأشار فضل بهار الدين، الرئيس التنفيذي لـ "كرسنت ريتنج" بقوله: "إن تطوير التصنيفات التي نجريها سنوياً على شكل مؤشر عالمي هي مبادرة لطالما كنا حريصين جداً على تحقيقها. وبفضل هذا التعاون مع "ماستركارد" سنتمكن الآن من إعداد مؤشر السياحة الإسلامي العالمي ليكون الأول الذي يرصد ويتتبع حركة النمو في هذا القطاع. وتعتبر هذه المبادرة بمثابة خطوة أخرى على طريق تحقيق رؤية "كرسنت ريتنج" لمساعدة جميع الأطراف المعنيين في قطاع السفر على الاستفادة من التصورات المستقبلية لفرص الأعمال في هذا القطاع."

ويتيح هذا التعاون ل"ماستركارد" و"كرسنت ريتنج" الفرصة للتعاون فيما بينهما في مجال تطوير مختلف التصنيفات والمؤشرات الأخرى التي تغطي وجهات العطلات والتسوق والسياحة وغيرها في قطاع السفر الإسلامي. وإلى جانب العديد من المؤشرات البارزة التي أصدرتها "ماستركارد" في السابق، فإن هذا المؤشر سيلعب دوراً حيوياً في تعزيز مكانتها الريادية، وخصوصاً في قطاع السفر.

 

وأضاف سافدار خان: "دلت نتائج أحدث مؤشر للمدن العالمية المقصودة من إصدار "ماستركارد" إلى أن المدن المقصودة في الشرق الأوسط وآسيا هي من ضمن أكبر الوجهات العشر الأسرع نموا من حيث كونها متصلة بباقي مناطق العالم. ويتوقع لهذا الاتصال المتزايد أن يعزز نمو عدد القادمين والإنفاق عبر الحدود خلال السنوات المقبلة."

 

تسعى "ماستركارد" و"كرسنت ريتنج" إلى توفير دعم استباقي لقطاع السفر والسياحة الإسلامية كوسيلة لتحقيق مزيد من الريادة في مجال تطوير المنتجات الخاصة بأسلوب حياة الأفراد من المسلمين.

 

وفقا لـ "كرسنت ريتنج" من المتوقع أن ينفق السياح من المسلمين ما يقرب من 140 مليار دولار في عام 2014. ومن المتوقع أن يرتفع هذا الرقم بنسبة 42% ليصل إلى 200 مليار دولار أمريكي بحلول عام 2020.

 

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El Salvador Info

ADMINISTRATIVE CAPITAL: San Salvador

GEOGRAPHY

Located in central America El Salvador is the smallest country in the continent . it has a land area close to 21,040km² and a coast line of 307 km's.

DEMOGRAPHY

A population of close to 6.1 Million. Muslims account for about 0.1% of the population.

CLIMATE

The country has a tropical climate with mostly fixed wet and dry seasons. Rain fall occurs between may and October while the annual temperature is between 22°C and 24°C.

LANGUAGES SPOKEN

Castilian is the official language.

LOCAL TIME

GMT-6 hrs

BUSINESS HOURS

General: 8 AM to 4 PM

HOLIDAYS
New Years Day: January 1st
Labour Day : May 2nd
Independence Day : September 15th
Christmas: December 25th
New Years Eve : December 31st

CURRENCY

Salvadoran colon

IMPORTANT PHONE NUMBERS

Police/Medical/Fire: 911

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