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.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
Shares in online fast-fashion retailer Shein have fell 8 per cent in their first day of Hong Kong trade on Tuesday, with investors worried about the impact of setbacks that long delayed its listing and have undermined its competitive advantages.
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