Page 44 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 1)

Press Release

strengthening the competitiveness of the UAE's tourism sector by the next decade. It has set several
national objectives, including the consolidation of the UAE as a leading global tourist destination,
increasing the sector's contribution to the national GDP to AED 450 billion, attracting an additional
AED 100 billion in tourism investments, and welcoming 40 million visitors in alignment with the
‘We the UAE 2031’ vision.

H.E. also shed light on the recent performance and achievements of the UAE's tourism sector. Its
contribution to the national GDP grew by 26 per cent in 2023 compared to that of 2022, surpassing
2019 levels by 14 per cent. The sector's overall contribution amounted to AED 220 billion,
equivalent to 11.7 per cent of the country's GDP. In addition, it generated a total of 809,000 job
opportunities in various tourism-related activities in the country in 2023, accounting for 12.3 per
cent of the total labor market. This signifies a notable five per cent growth compared to 2022 and
an impressive 11.4 per cent increase compared to the pre-pandemic levels.

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