Dubai aims to attract 25 million tourists in 2025 By Reuters

© Reuters. FILE PHOTO: Folks swim at a swimming pool within the Atlantis The Palm resort, because the Emirates reopen to tourism amid coronavirus illness (COVID-19), in Dubai, United Arab Emirates July 7, 2020. REUTERS/Ahmed Jadallah/File Picture

(REUTERS) – Dubai plans to merge the departments of financial system and tourism and hopes to draw 25 million vacationers in 2025, Sheikh Hamdan bin Mohamed Bin Rashid Al Maktoum, Dubai’s Crown Prince, stated on Twitter (NYSE:) on Saturday.

Sheikh Hamdan added that Helal Al Marri shall be appointed as a normal director of the brand new division.

Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum stated the brand new division’s fundamental targets embrace growing the added worth of the commercial sector by 150% over the subsequent 5 years, increasing overseas export markets for native merchandise by 50%, and growing the variety of vacationers by 40%, his media workplace stated.

He added that the Emirate additionally needs to draw 100,000 corporations in 3 years, 400 world financial occasions yearly by 2025, and encourage personal sector corporations and household companies to checklist on the monetary markets and inventory exchanges in Dubai.

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