The UAE's among the safest and most secure destinations for tourism and entertainment in the world, thanks to the government's measures to control the COVID-19 pandemic.
That's according to Dr. Saeed Al-Batouti, Economic Adviser to the World Tourism Organisation.
Pointing out that the UAE has played a major role in supporting the recovery of global tourism, he said he's expecting 16 million tourists to visit the country this year.
The country, Al-Batouti noted, is set to add 18,000 new hotel rooms over the next two years, and about 60,000 by 2024.
He highlighted how the UAE ranked first in the Arab world and among the top 10 globally in four competitive indicators for tourism and travel in 2021, confirming the country's position as one of the world's most preferred tourist destinations.
Expo 2020 Dubai and the World's Coolest Winter campaign have played a crucial role in supporting the tourism sector and strengthening its position globally.
Bids for billionaire Mukesh Ambani's first IPO in 20 years topped $77 billion on Friday, making Jio Platforms India's most subscribed stock offering as it surpassed the 2008 issue of Reliance Power, part of his brother Anil's group.
Sales of Apple's first folding phone, the iPhone Duo, began on Friday, with market watchers betting on whether the device can reinvent the small foldables market in the same way the iPhone did for smartphones.
Microsoft researchers say an AI tool that diagnoses patients step by step, as doctors do, was more than twice as accurate as general physicians at solving complex medical cases, according to a study published on Thursday in Science.
The UAE and Greece have announced 18 agreements and commercial partnerships worth a total of €12.75 billion, strengthening economic and investment cooperation.