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UAE’s tourism sector continues to boost investments, drive GDP growth

ABU DHABI / WAM The UAE’s tourism sector continues to record remarkable performance in international tourist arrivals and hotel bookings, aligning with the UAE Tourism Strategy 2031, which aims to attract AED100 billion in tourism investments and boost the sector’s contribution to the GDP to AED450 billion by 2031. In 2023, the tourism sector contributed 11.7 percent of the UAE’s ...

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Crown Prince of Abu Dhabi arrives in New Delhi on official visit to India

NEW DELHI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has arrived in New Delhi on an official visit to India. Upon arrival at the airport, HH was received by Piyush Goyal, India’s Minister of Commerce and Industry, and was honoured with a traditional red-carpet reception, during which the national anthems of ...

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China’s foreign exchange reserves increases 0.98 percent in August

BEIJING / WAM China’s foreign exchange reserves totalled $3.2882 trillion as of the end of August, up by $31.8 billion, or 0.98 percent compared to the end of July, official data showed. Xinhua News Agency quoted the State Administration of Foreign Exchange as saying that China’s foreign exchange reserves have remained stable above $3.2 trillion for nine consecutive months. The ...

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