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5/14/24, 4:13 PM   Tourism to make up 12% of UAE GDP in 2024 - ARN News Centre- Trending News, Sports News, Business News, Dubai News, U…


          Tourism to make up 12% of UAE


          GDP in 2024







              News Home           More from Business       Tuesday, 7 May 2024 12:35

                                                           By ARN News Staff




































                                                        File Picture
        The UAE's tourism industry is projected to account for 12 per cent of the country's Gross

        Domestic Product (GDP) this year, while employment in the sector will increase to 833,000
        from 809,000 in 2023.



        The figures were announced at the Arabian Travel Market (ATM) being held at the Dubai World

        Trade Centre DWTC) from May 6-9, where ministers from the UAE, Saudi Arabia, Bahrain and
        Oman discussed Gulf-wide collaboration, ease of inter-regional travel and infrastructure

        development.



        Durlng a panel-discussion the ministers explored the importance of initiatives to elevate the GCC
        tourism industry to the next level, while striking the right balance between collaboration and

        competition between destinations and nations.




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