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.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
A US appeals court has allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat on Monday over claims they designed their products to be addictive to young users.
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