The UAE's decision to extend the tourist visa limit from the previous 90 days to five years will open the market to more visitors and investors.
That's the word from Paul Griffiths, CEO of Dubai Airports, who told Dubai Eye 103.8's Business Breakfast how it will boost the visitor market.
He added how it could also positively impact the property market.
Meanwhile, Christopher Lund, Head of Hotels - MENA Region for Colliers International, explained what it means for the hotel industry.
UAE, Uzbekistan sign digital infrastructure deal
The Ministry of Investment of the UAE and the Ministry of Digital Technologies of the Republic of Uzbekistan have signed an investment memorandum, establishing a framework for investment cooperation in digital infrastructure with a focus on data centre and artificial intelligence projects in Uzbekistan.
TECOM Group profit increases 15% on record high occupancy levels
Dubai's TECOM Group has announced a 15 per cent year-on year (YoY) growth in net profit to AED 293 million for the three month period ended March 31, 2024.
Sony and Apollo submit $26 billion Paramount offer, WSJ reports
Sony Pictures Entertainment (SPE) and Apollo Global Management APO.N have made a $26 billion cash offer for Paramount Global, the Wall Street Journal reported.
UAE, Iran expand cooperation in additional sectors
The UAE and Iran have explored ways to expand economic cooperation in sectors such as tourism, transport, entrepreneurship and renewable energy.
One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...
Latest album, what happened with BTS, raising a baby girl, eye surgery, and more!
It arrived: The UAE's First Mega Music Festival at Expo City Dubai!
Get the latest UAE and world news from our award winning team of journalists. The ARN News Centre is the country's most trusted source of information.
