The UAE's Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), on Monday emphasised the aviation sector's critical role in the global economy, noting that it accounts for 12 to 13 per cent of GDP in some countries and supports millions of jobs worldwide.
Speaking on the sidelines of the “ICAO Global Implementation Support Symposium 2025” and the “Global Sustainable Aviation Marketplace” in Abu Dhabi, Abdulla bin Touq Al Marri stated the aviation sector contributes approximately $4.1 trillion to the global economy, directly benefiting individuals, families, and communities by providing job opportunities and promoting economic development.
He also pointed out aviation's essential role in boosting the tourism sector, with 58 per cent of international tourists relying on air travel. The sector’s efficiency also enables businesses to connect with global markets, facilitates tourists' access to destinations, and strengthens companies' ability to reach clients and suppliers worldwide.
Al Marri pointed out that aviation helps bridge the gap between remote and underserved areas and urban centres, improving access to essential services like healthcare and education. It plays a vital role in humanitarian efforts, such as disaster response and medical evacuations, helping overcome geographical challenges.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has highlighted the UAE's strong performance in the tourism sector by unveiling a record 9.7 per cent growth in hotel revenues in 2025.
The UAE's Ministry of Energy and Infrastructure has participated in the World Hydrogen Summit & Exhibition in Rotterdam, a leading international platform bringing together policymakers, experts and industry leaders to discuss the future of hydrogen and sustainable energy systems.
US Secretary of State Marco Rubio held talks with Indian Foreign Minister Subrahmanyam Jaishankar on Saturday, as the two sides discussed trade, visas, maritime security and energy supplies, while Washington cited progress on efforts to resolve the Iran conflict.
Dubai-based ENOC Group has signed an agreement with Abu Dhabi company Allied Biofuels Holding to explore the supply and distribution of sustainable aviation fuel, or SAF, from a new production facility being developed in Uzbekistan.
Mexico and the European Union have signed a long-stalled free trade agreement on Friday as they seek to decrease dependence on the US and partially insulate themselves from President Donald Trump's tariffs.
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