Tourists leave an airport in Ibiza, Spain, on Thursday. Agence France-Presse
Dubai’s economy continues to experience sustained growth from the contribution of business tourism, thereby driving the nation’s economic diversification agenda prioritised in the UAE Centennial 2071 strategy.
One in every eight Turkish lira is now generated by the nation’s travel and tourism sector. According to a recent report, the tourism sector contributed TL461.3 billion ($95.6 billion) to the country’s economy in 2018,
The Khalifa Fund for Enterprise Development (KFED) recently organised the ‘Tajribty’ Forum at Zayed University in Abu Dhabi, in cooperation with the emirate’s Department of Culture and Tourism and the Department of Economic Development.
Germany’s second biggest city Hamburg is becoming one of the favourite travel destinations for Gulf travellers, offering them outstanding features, from great waterfront sites, high-end shopping facilities, luxurious hotels to exquisite culinary Michelin-star restaurants.
The Board of the Central Bank of the UAE (CBUAE), has decided on additional measures within the Targeted Economic Support Scheme (TESS), launched initially in March 2020 to further enhance the capacity of the banking sector to support the economy.
The current developments and future prospects of the global oil markets were deliberated on Friday by the oil ministers of the UAE, Saudi Arabia, Kuwait, Bahrain, Oman and Iraq.
The Sharjah Chamber of Commerce & Industry (SCCI) has recently launched the “Sadder” (export) Fund, the first of kind fund across the Emirate Sharjah for financing export operations.