🕒 Dubai Time:
Home » UAE Tourism Investments Expected to Reach 35.2 Billion Dirhams by 2025

UAE Tourism Investments Expected to Reach 35.2 Billion Dirhams by 2025

35.2 Billion Dirhams in Expected Tourism Investments in the UAE by 2025

The tourism sector in the United Arab Emirates is poised for a significant leap, attracting investments estimated at 35.2 billion dirhams during the year 2025. This is part of sustainable tourism development plans that position the country as a distinguished global destination for investment and tourism. The positive forecasts reflect a notable growth in tourism investments compared to previous years, in preparation for welcoming more visitors from around the world.

Tourism Investment Forecast

Abdullah bin Touq Al Mari, the Minister of Economy and Tourism, confirmed that tourism investments in the UAE have witnessed remarkable growth, with expectations to reach 35.2 billion dirhams in 2025, compared to 32.2 billion dirhams last year and 28.8 billion dirhams in 2023. This aligns with the country’s vision to develop an integrated and sustainable tourism sector, emphasizing the importance of capitalizing on opportunities available in various destinations and resorts.

Investment Environment Advantages

Bin Touq explained that the UAE enjoys a flexible investment environment and developmental procedures that facilitate business establishment and economic activities. He stated, “Everyone is invited to take advantage of the supportive operational climate provided by the government, which enhances the UAE’s appeal as a global destination for investment and tourism.” These points were presented during a discussion session titled “Investor Leaders Dialogue” at the African Tourism Summit.

New Projects and Expansions

During the session, Bin Touq reviewed the available investment opportunities in the UAE tourism sector, such as the development of hotel infrastructure and resorts. He also highlighted the importance of investing in environmental and sustainable tourism, as well as working on new projects related to family entertainment, theme parks, and cultural sites. He added that there is increasing potential for digital transformation in this sector, contributing to placing the UAE at the forefront of international event tourism destinations.

The Impact of Tourism on the National Economy

The contribution of the tourism and travel sector to the UAE’s GDP increased to 257.3 billion dirhams in 2024. This represents approximately 13% of the national economy, marking a 3.2% increase compared to 2023 and a 26% increase compared to 2019. These figures reflect the significant role of tourism in enhancing the country’s economic growth.

The UAE is preparing to welcome tourism investments amounting to 35.2 billion dirhams in 2025, highlighting its ongoing efforts to be the leading global destination in this sector. With sustainable growth in this field, the UAE is expected to continue attracting attention as one of the top tourist destinations worldwide.

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending Posts

©  – All Rights Reserved.
Dubai-Lifestyle.ae
· Website designed and optimized by YVE-MEDIA.ro, in collaboration with
MADISOO.com