An additional three million international visitors are expected to come to the UAE during Expo 2020 Dubai.
That’s according to research from Colliers International, which predicts India, Saudi Arabia, the Philippines, the UK and Pakistan to drive this influx.
It says Expo 2020 will also help the country reach out to new and emerging source markets for tourism.
The introduction of a multi-entry five-year tourist visa is expected to play a key role in attracting frequent travellers to the UAE for longer stays.
The report has been released ahead of the Arabian Travel Market (ATM), which runs from April 19-22.
"Not only will Expo 2020 increase international arrivals to the UAE and showcase the country as a major global tourism hub, it will also provide the country with the opportunity to expand its world-class hospitality offerings; upgrade its airports and transport infrastructure, and develop an expansive array of new retail, leisure and entertainment facilities, as well as diversifying its key source markets," said Danielle Curtis, Exhibition Director ME, ATM.
The Gulf Cooperation Council (GCC) countries saw a slight decline in overall national income in 2023, but their non-oil economies continued to grow steadily, according to new data from the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat).
Air Canada's unionised flight attendants walked off the job early on Saturday morning after pay talks with the country's largest carrier stalled, in a move that is expected to disrupt travel plans for more than 100,000 passengers.
Dubai recorded a GDP of AED119.7 billion in the first three months of the year, marking a 4 per cent growth during the same period last year, driven by strong performances and expansion across various sectors.
Salik has posted AED 1.527 billion in revenue for the first half of the year, marking 39.5 per cent in growth driven by the introduction of variable pricing at the end of January and two new toll gates last November.
The United States and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as US retailers get ready to ramp up inventories ahead of the critical end-of-year holiday season.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.