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Tourism industry adds $1.9bn to Sharjah’s GDP

SHARJAH / WAM Khalid Jasim Al Midfa, Chairman of the Sharjah Commerce and Tourism Development Authority, said the tourism sector in Sharjah has contributed over AED7 billion ($1.91 billion), or 8.5 percent, to the emirate’s total gross domestic product (GDP) of AED83 billion. He also said that the yearly number of tourists visiting Sharjah exceeds 1.7 million, which is the ...

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UAE Central Bank withdraws AED6bn of surplus liquidity

ABU DHABI / WAM The UAE Central Bank has withdrawn AED 6.00 billion out of excess liquidity in the market during March after it met the market needs for cash in January and February. The move fits within the Central Bank’s mandate to direct the country’s credit policy, and to regulate and oversee the monetary and banking policy, ensuring their ...

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Citibank launches its new cashback credit card in UAE

Dubai / Emirates Business A study conducted by Citi and Publicis Media has revealed 67 percent of residents in the UAE consider cashback to be one of the most important features of a credit card. In response to the survey’s findings, Citi UAE launched the Citi cashback credit card. The new Citi cashback credit card addresses client preferences by providing ...

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UAE visitors to Finland up 30%

ABU DHABI / WAM The number of visitors from the UAE increased by 30 percent to almost 10,000 in 2017, the Finnish tourist authority, Visit Finland, has highlighted as the government entity makes its debut on the exhibition floor during Arabian Travel Market (ATM) 2018. Speaking at a press conference during ATM on Sunday, Visit Finland representative, Teemu Ahola said, ...

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Dubai Airports to promote Dubai Parks and Resorts

DUBAI / WAM Dubai Airports and DXB Entertainments owner of Dubai Parks and Resorts announced a strategic partnership with aim of creating an unparalleled airport experience while showcasing Dubai’s position as the ultimate tourist and family entertainment destination in the region. The partnership will showcase Dubai Airports’ efforts to make Dubai International (DXB) a destination in its own right while ...

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Dubai sees record 15.8 million international overnight visitors

Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) on Sunday released its Annual Visitor Report 2017, providing an in-depth cross-sector analysis of the emirate’s tourism performance last year, as well as an overview of future activities, campaigns and strategies as Dubai progresses towards its goal of welcoming 20 million visitors per year by 2020. The ...

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Qatari fighter jets jeopardise safety of a UAE civilian plane

Abu Dhabi / WAM The UAE General Civil Aviation Authority (GCAA), announced on Sunday that Qatari fighter jets flew dangerously close to a UAE civil aircraft with 86 passengers onboard while passing through the Bahraini airspace, in a repeated action in stark violation of the international laws and agreements. The civilian aircraft was on a scheduled flight after obtaining all ...

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ADFCA inspects progress of UAE’s projects in Sudan

Khartoum / WAM A delegation from the Abu Dhabi Food Control Authority (ADFCA), headed by Saeed Al Bahri Al Ameri, Director-General of ADFCA, is visiting Sudan to inspect ongoing UAE projects. The Emirati company, Amtaar, held a reception on the occasion of the delegation’s visit. It was attended by Rahma Fadhel Al Shamsi, Charge d’affaires of the UAE Mission in ...

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NMC, Facebook team up to combat fake news

Abu Dhabi / WAM The National Media Council (NMC), and Facebook have teamed to pool their respective resources in an effort to combat the proliferation of false news. A joint campaign will commence in UAE newspapers and on Facebook from April 23. The newspaper advertisements have been designed to educate the public on how they can assess the credibility of ...

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