ABU DHABI/WAM In the first seven months of the year, hotel establishments in the UAE generated revenues of AED 26 billion, witnessing a growth of up to 24 percent compared to the corresponding period last year, revealed Abdullah bin Touq Al Marri, Minister of Economy and Head of the Emirates Tourism Council, during a meeting of the council. Bin Touq ...

DUBAI/WAM Dubai remains the top global destination for attracting Greenfield Foreign Direct Investment (FDI) projects, with the emirate attracting 511 Greenfield projects in H1 2023, as per Financial Times ‘fDi Markets’ data – the comprehensive online database on cross-border greenfield investments. Dubai continues to set new benchmarks in global performance as an investment destination, surpassing second-placed Singapore by 325 projects. ...

DUBAI/WAM Dubai Electricity and Water Authority (DEWA)’s stand at the United Nations Framework Convention on Climate Change (COP28), which will be hosted by the UAE at Expo City Dubai, will showcase its most prominent and globally leading projects and those of its subsidiaries. The stand will be located in the Green Zone, and will highlight DEWA’s efforts in energy, water, ...