The UAE is witnessing technology platforms-driven transformation in the investment sector, with intermediary ventures such as Incomlend linking smaller businesses to major international investors and private funders for securing financing
Tourism Investment
Sheikh Mohammed launches $27bn UAE tourism strategy, eyes 40m hotel guests by 2031
UAE tourism strategy will see sector contribute $122bn to economy in 2031
Saudi Tourism Development Fund, Future Investment Initiative Institute ink strategic partnership agreement
Under the agreement, both parties will support curation of the upcoming edition of the FII forum in Riyadh, slated for October 25-27
Major visa reforms, easing foreign firm entry pay off as Dubai retains top spot for tourism FDI
The UAE emirate generated $1.7 billion across 30 FDI projects, according to The Financial Times’ FDI Markets, making it number one in FDI capital, projects, and job creation
Global ministers detail how FDI in hotel rooms, tech, and experiences are helping Middle East tourism
While the big-ticket FDI will continue to grow in terms of rooms from the service side, a lot of venture capital will also be deployed on technological solutions for tourism, the chairman of the UAE Tourism Council said
UAE fuels $492m investment into Bahrain’s tourism sector
Kingdom saw the highest amount of tourism capital investment last year in the Middle East and Africa