Thursday 24 November 2016

UAE focuses on tourism to boost post-oil economy, says minister

The tourism segment is one of the UAE's principle columns to prop the post-oil economy, as indicated by the nation's Minister of Economy Sultan canister Saeed Al Mansouri.

The UAE built up its financial framework in light of differing qualities, development and support-ability and has accomplished a 8.7 percent GDP development worth AED134b ($36.5b) amid 2015, Al Mansouri told Emirates News Agency amid the keep running up to the Innovation and Tourism Transformation Forum 2016 occurring in Al Habtoor City.

"Gauges show that the tourism part will contribute 5.4 percent every year throughout the following 10 years to achieve AED236.8 billion by year 2026. The UAE has rich social legacy, characteristic differences and the created framework that make it a solid contender on the world tourism delineate," said.

Al Mansouri added the state should utilize potential human capital so as to build up the part of tourism in the economy.

"Our vision for the tourism part is to make the UAE a standout among-st the most vital visitor goals on the planet. This driven vision is gone for elevating the tourism segment to be a standout among-st the most critical mainstays of the post-oil economy," he included.
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