Tourism Sector Contribution to the UAE Economy is about 12 percent

  • Abu Dhabi, United Arab Emirates
  • 19 December 2022
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The UAE Minister of Economy, Abdullah bin Touq Al-Marri, indicated "The contribution of the tourism sector to the UAE's gross domestic product amounted to 11.9 percent, which is a very strong percentage." He stressed, "The national strategy for tourism aims to attract new investments to the sector at a value of 100 billion dirhams."

He explained that "the directives of the leadership to develop a tourism strategy comes after about 40 years of developing a strong tourism infrastructure in the Emirates, which qualified the country for tourism to play a major role in it, and to attract internal and external investments." He pointed out that "some UAE airports have a capacity of 84 million passengers per year, and there are 6 national carriers in the Emirates that transport tourists internally and externally, which is a clear indication of the strong position of tourism."

The UAE Minister of Economy confirmed, "The national strategy for tourism focused on key indicators, including attracting direct investments in the tourism sector by about 100 billion dirhams by 2031, while the sector's contribution to the country's gross domestic product is about 450 billion dirhams." Pointing out "the UAE aims to double the economy from about 1.5 trillion dirhams in 2021 to 3 trillion dirhams, and to raise the contribution of the tourism sector to the GDP to about 17 percent by 2031."

Source (Al-Arabiya.net Website, Edited)