The UAE has declared a speedy recovery of its tourism sector after the pandemic, with earnings surpassing €5 billion during the first half of this year, said Mohamed bin Rashed, the Emirati Vice President.
Bin Rashed said that the earnings of their tourism sector are more than 19 billion dirhams (€5.15 billion) during the first half of 2022. The UAE proved to be the fastest to get over the impacts of the pandemic.
Bin Rashed also clarified that total hotel bookings touched 12 million during the same period, with a projected development of 42%. He said that they are optimistic for an even sturdier retrieval in tourism during the upcoming winter season, which is the peak tourism period in the UAE owing to the temperate temperature of around 25 degrees Celsius, compared to more than 45 degrees Celsius during summer.
Bin Rashed, holding the position of Prime Minister and ruler of Dubai, said that the UAE’s foreign trade surpassed one trillion dirhams (271.1 billion euros), going up from 840 billion (227.7 billion euros) prior to the pandemic, with economic expansion of 22% during 2022.
Bin Rashed said that their indicators now are resilient than the indicators before the pandemic. Their economic growth is faster and tourism, trade and development segments are bigger than before the pandemic.
The UAE is one of the leading oil exporters in the world, and is also the most modern concerning infrastructure among Arab countries. It is also a chief tourist and business attraction in the Gulf.
Source: Travel and Tour World
