SAWT BEIRUT INTERNATIONAL

| 20 May 2024, Monday |

Dubai to merge tourism and economy departments

The emirate’s tourism and economic departments have been merged, according to Dubai’s ruler.

According to a statement carried by the official WAM news agency, Dubai Economy and Tourism will now be known as Dubai’s Department of Economy and Tourism.

The new department will be in charge of ensuring that Dubai’s industrial sector grows by 150 percent over the next five years, that local product exports increase by 50 percent, and that 25 million tourists visit the city by 2025.

The new department’s Director General is Helal al-Marri.

“The newly formed Department seeks to support the emirate’s economic and tourism transformations,” Dubai ruler Mohammed bin Rashid al-Maktoum said in a statement.

“It will adopt the private sector’s competitiveness and efficiency and collaborate with it on various development projects,” he added.

“Dubai’s economy has gone through various stages of development throughout its history, which has helped shape the city’s current status as a model for economic development and a popular tourist destination.”

“Today, our goals have grown larger, and our priorities have shifted.” “Improving our global competitiveness necessitates new ways of thinking.”

According to S&P Global Ratings, tourism accounted for 13% of Dubai’s GDP in 2020, down from 18% the previous year.

The agency predicts that Dubai’s tourism sector will return to pre-pandemic levels by 2022, with Expo 2020 visitors increasing hotel occupancy and mall footfall.

    Source:
  • alarabiya