The United Arab Emirates (UAE) today announced a rapid recovery of its tourism sector after the pandemicwith revenue exceeding 5 billion euros in the first half of 2022, said Emirati Vice President Mohamed bin Rashed.
“Revenues from our tourism sector amounted to more than 19 billion dirhams (5.15 billion euros) in the first half of this year (…) The UAE was the fastest to overcome the effects of the pandemic”Bin Rashed said on his official Twitter account after a cabinet meeting.
He also explained that total hotel bookings reached 12 million during the same period, with an estimated growth of 42%, and hoped for an “even stronger recovery in tourism with the upcoming winter season”, the best season for tourism in UAE due to moderate temperature of around 25 degrees Celsius compared to over 45 degrees Celsius in summer.
Bin Rashed, who also serves as Prime Minister and Ruler of Dubai, noted, on the other hand, that the UAE’s foreign trade “exceeded 1 trillion dirhams (271.1 billion euros), compared to 840 billion (227.7 billion euros) before the pandemicwith economic growth of 22% during 2022″.
“Our indicators are stronger today than before the pandemicour economic growth is faster and our tourism, trade and development sectors are larger than before the pandemic,” he said.
The United Arab Emirates is one of the largest oil exporters in the world, but they are also the most modern in terms of infrastructure among Arab countries and are a major tourist and commercial attraction in the Gulf region.