The UAE's among the safest and most secure destinations for tourism and entertainment in the world, thanks to the government's measures to control the COVID-19 pandemic.
That's according to Dr. Saeed Al-Batouti, Economic Adviser to the World Tourism Organisation.
Pointing out that the UAE has played a major role in supporting the recovery of global tourism, he said he's expecting 16 million tourists to visit the country this year.
The country, Al-Batouti noted, is set to add 18,000 new hotel rooms over the next two years, and about 60,000 by 2024.
He highlighted how the UAE ranked first in the Arab world and among the top 10 globally in four competitive indicators for tourism and travel in 2021, confirming the country's position as one of the world's most preferred tourist destinations.
Expo 2020 Dubai and the World's Coolest Winter campaign have played a crucial role in supporting the tourism sector and strengthening its position globally.
US automaker Tesla has warned that it and other major American exporters are exposed to retaliatory tariffs that could be leveled in response to President Donald Trump's aggressive use of tariffs.
The Abu Dhabi Fund for Development (ADFD) has announced the launch of the “Sofitel Legend Pyramids Giza” project, a luxury five-star hotel intended to be a landmark addition to the hospitality and tourism sector in Egypt.
The value of transactions conducted in the banking sector within the country through the UAE Funds Transfer System (UAEFTS) rose to AED 19.898 trillion during 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).
Dubai Electricity and Water Authority (DEWA) announced a contribution of AED 20 million to the Fathers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai.