The UAE’s tourism sector achieved a new growth milestone in Q1 2022.
The UAE was ranked among the 20 leading countries in 16 global competitiveness indexes related to foreign trade in 2020, marking a new achievement and consolidating the country’s status as a key centre of international trade.
The UAE has been ranked first in the Middle East and Africa region in terms of the number of new foreign direct investment (FDI) projects in the country’s Biotechnology sector.
Sheikh Mohammed said since its formation, the UAE has presented a unique success story in all sectors, thanks to the futuristic vision and noble principles established by the founding leaders. He noted, "Over the past 50 years, we started from the desert of our land to the desert of Mars. Our dreams will be even bigger for the next 50 years."
The company announced two weeks ago that it would cancel 900 connections in July. Now it will take out of the system a further 2,200 of a total of 80,000 flights, Lufthansa said, dpa news agency reported.
According to data from hotel management analytics firm STR, Dubai ranked No.1 globally in hotel occupancy, ahead of other international destinations including New York, London and Paris for the January-April 2022 period.
A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention on Friday to the severe economic turbulence looming over