A deal's been signed between the UAE and Costa Rica aimed at promoting tourism between the two countries.
The Memorandum of Understanding (MoU) was signed by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Rodolfo Solano, Costa Rica’s Minister of Foreign Affairs and Worship.
Dr Thani said the agreement will help boost the UAE’s stature as an attractive destination for tourists from Costa Rica and Central America, as well as support the country’s tourism development strategy and future objectives, aimed at increasing the contribution of tourism to the country’s GDP to 15 percent and attract over 40 million tourists annually by 2030.
Rodolfo Solano said it will also advance bilateral ties, as well as attract mutual investments in the tourism sector.
The two sides agreed to encourage joint participation in international tourism fairs, conferences and seminars, showcase tourism destinations in both countries, organise mutual flights, and employ digital technologies in improving tourism services.
They also agreed to form an action group comprising relevant authorities from both countries to enhance their cooperation in tourism-related areas.
Abu Dhabi’s Department of Municipalities and Transport has issued a package of administrative decisions to strengthen transparency, governance and investor protection across the real estate sector.
Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, and Executive Chairman of XRG, has received the 2026 Distinguished Global Leadership Award from the Washington D.C.-based Middle East Institute (MEI).
Dubai has achieved its highest ever ranking in the Global Financial Centres Index (GFCI), climbing to seventh place, underscoring the emirate’s rise as one of the world's most influential financial hubs and its importance in the global financial system.
Global equity markets, including from the U.S., Europe and Asia, rose while oil prices fell on Wednesday, as traders cheered news of ceasefire proposals to de-escalate the ongoing conflict in the Middle East.
Australia's centre-left government has introduced legislation in the parliament to double penalties for fuel price gouging on Wednesday as global supply disruptions due to the Iran war triggered fuel shortages in some rural regions.
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