The UAE’s tourism industry is projected to account for 12 per cent of the country’s Gross Domestic Product (GDP) this year, while employment in the sector will increase to 833,000 from 809,000 in 2023.
The figures were announced at the Arabian Travel Market (ATM) being held at the Dubai World Trade Centre DWTC) from May 6-9, where ministers from the UAE, Saudi Arabia, Bahrain and Oman discussed Gulf-wide collaboration, ease of inter-regional travel and infrastructure development.
Durlng a panel-discussion the ministers explored the importance of initiatives to elevate the GCC tourism industry to the next level, while striking the right balance between collaboration and competition between destinations and nations.
The planned GCC Unified Tourist Visa was cited as a key facilitator…
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