The UAE's hotel sector continues its steady growth, with revenues surpassing AED 26 billion in the first half of 2025, marking a 6.3 per cent increase compared to the same period last year.
Abdulla bin Touq Al Marri, Minister of Economy and Tourism, shared the figures while chairing the Emirates Tourism Council’s third meeting of 2025.
He noted that hotel occupancy rate reached 80.5 per cent, reflecting strong performance and aligning with the UAE Tourism Strategy 2031, which aims to boost the industry’s contribution to the national economy to AED 450 billion by the next decade.
The meeting brought together tourism officials from across the country to review ongoing initiatives and future plans.
Preparations are also underway for the UAE-Africa Tourism Investment Summit in October, which will welcome ministers and officials from 53 African nations.
The Council also discussed ways to enhance coordination between public and private sectors, promote Emirati talent, and reinforce the UAE’s position as a global tourism hub.
Cultural and creative industries should be treated as a core pillar of national economic strategy, according to a new report launched by FTI Consulting in partnership with the World Governments Summit.
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
Family-owned businesses are being encouraged to take a more active role in shaping sustainable investment and social impact, as leaders met in Dubai to discuss how family wealth can be positioned for the future.
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
India's financial markets rallied sharply on Tuesday after a trade deal that slashed US tariffs on Indian goods to 18 per cent from 50 per cent, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.