Global Outlook

 Recently, Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister, and Minister of Defence of the United Arab Emirates (UAE), visited Atlantis The Royal, situated on Palm Jumeirah Island. The visit highlighted the importance of the economic development of tourism. Sheikh Mohammed bin Rashid Al Maktoum, who is also a Ruler of Dubai, said that tourism and the private sector of Dubai were the major contributors to UAE's economy. Atlantis The Royal, a new ultra-luxury resort, spanning 406,000 square metres, supports the recently launched Dubai Economic Agenda D33’s goal to make Dubai one of the world’s top 3 global cities for tourism. Sheikh Mohammed highlighted the importance of public-private sector partnerships for Dubai’s development vision. He reportedly said, “The UAE and Dubai aim to build on their deep partnerships with the private sector to strengthen the country’s status as the world’s most popular destination for tourism.” During his visit to 43 stories h...

 Dubai has been named the world's most well-liked travel destination. It was by far the most popular travel destination on the well-known social media platform, according to TikTok Travel Index 2022 published by Bounce, with views for videos using the hashtag "Dubai" totaling over 81.8 billion. Dubai, which came in second in the previous year's index, overtook New York City for the top spot, overturning a sizable advantage and demonstrating just how much Dubai's popularity has increased. "Dubai, which is synonymous with money and elegance, has emerged as one of the top vacation spots for people looking to unwind in style while basking in the sun. Some of the most amazing buildings in the world may be found in this ultra-modern metropolis,” according to usebounce.com. 7.28 million more tourists visited the emirate last year, up 32%. During the first five months of 2022, 6.17 million foreign overnight visitors were recorded. Following Covid-19, Dubai's tou...