UAE tourism boost by 2018

Abu Dhabi and Dubai to lead the region's tourism projects

The UAE will account for nearly 86 percent of tourism-related construction projects in the Gulf over the next eight years, it was reported on Sunday.

A study by industry researcher RNCOS found that approximately Dhs858bn ($234bn) is set to be invested in tourism-related construction projects over the next eight years, according to a report by Emirates 24/7.

The study added that the UAE will account for 86 percent of the total investment planned in the region by 2018, with Abu Dhabi government-backed projects expected to lead the way.

Visitors to the UAE capital increased sixteen percent in July and high profile events, such as the launch of Formula One, have led to the rise in the emirate’s tourism profile.

"The UAE has one of the fastest growing tourism industries in the Middle East. As a result, several new projects have been announced to tap the opportunity created by the growing demand for hotels and amusement and theme parks," the RNCOS report stated.

It also added that the UAE is expected to invest more than fourteen times the investments made by Oman, its nearest tourism competitor.

www.arabianbusiness.com/596946

This week’s episode of the Time Out Dubai podcast rolls up its sleeves

The al fresco theme park will be opening its gates with a new show

The critically acclaimed Shakespeare play will be performed in January

The beachside dining spot is celebrating international coffee day at its brand-new branch

Feeling the pinch? Fear not. We've got 16 weekend feasts for under Dhs300 for you

Black Coffee and Themba will hit the decks on Friday September 28

Newsletters

Follow us