Page 214 - MOET ENGLISH PR REPORT - JUNE 2025
        P. 214
     On the social front, the report highlighted that women accounted for 16.3 per cent of the direct
               workforce in the UAE's travel and tourism sector in 2023. Additionally, youth aged 15-24 years made
               up 9.7 per cent of the total employment in the sector, reflecting its growing role in empowering both
               women and younger generations within the national labour market.
               From a fiscal perspective, the tourism and travel sector generated USD 8.6 billion in tax revenues in
               2023, representing 5.4 per cent of total government revenues. This underscores the sector's
               increasing financial significance and its vital contribution to the country's public treasury.
               On the global level, the report stated that the travel and tourism sector contributed US$10.9 trillion
               to the global GDP in 2024, representing 10 per cent of the world economy. This reflects an 8.5%
               increase compared to 2023 and a 6 per cent rise compared 2019.
               Looking ahead, the sector's contribution is projected to reach USD 11.7 trillion in 2025, which
               would mark a 6.7 per cent increase over 2024 and a 13 per cent growth over 2019, underscoring the
               sustained recovery and expansion of global tourism.
               The report also highlighted the sector's robust role in job creation, with 356.6 million jobs generated
               worldwide in 2024, accounting for 10.6% of total global employment. This represents a 6.2%
               increase from 2023 and a 5.6 per cent increase from 2019.
               https://www.bignewsnetwork.com/news/278407506/mohammed-bin-rashid-uae-among-top-7-
               global-destinations-for-international-tourist-spending
     	
