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ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

Emirates’ first A350 takes flight

The airline operated the inaugural flight from Dubai to Edinburgh.

NDMC arranges $2.5bn credit facility

The Shariah-compliant facility spans a tenure of three years.

Dubai tourism achieves robust growth in 2022

  • The increased flow of tourists helped improve hotel occupancy across the emirate, which reached 76 per cent during the period, the highest globally in Q1.
  • Successful handling of the pandemic, a safe environment for travelers and world-class infrastructure have contributed towards the rising tourist inflow.

Dubai’s tourism sector recovered fast after the easing of Covid-19 restrictions, registering a 203 percent increase in the number of visitors in the first four months of 2022.

The increased flow of tourists helped improve hotel occupancy across the emirate, which reached 76 per cent during the period, the highest globally in Q1.

Successful handling of the pandemic, a safe environment for travelers—Dubai was rated the third safest city to travel for solo female travelers—world-class infrastructure have contributed towards the rising tourist inflow.

Helal Saeed Almarri, director general, Dubai’s Department of Economy and Tourism (DET) recently said the department was building on the massive momentum generated by Expo 2020 to drive growth across various tourism sectors.

Media reports said the department is also looking to promote the destination beyond its current popularity as a family and shopping getaway in the Indian market, focusing on luxury, golf, adventure, culture and wedding.

Here is how the emirate’s tourism sector performed so far in 2022.