Arab Today, arab today abu dhabi aims to be holiday hotspot
Last Updated : GMT 14:45:24
Arab Today, arab today
Arab Today, arab today

Abu Dhabi aims to be holiday hotspot

Arab Today, arab today

Arab Today, arab today Abu Dhabi aims to be holiday hotspot

Abu Dhabi - XINHUA

Abu Dhabi, the capital of the United Arab Emirates (UAE), is trying to step out of neighboring emirate Dubai\'s shadow by building hotels and shopping malls to attract more visitors. In 2012, Abu Dhabi received around 2.7 million tourists, while Dubai welcomed 10 million sun-, beach- and shopping-aficionados. Moreover, Dubai has announced an initiative to double the number by 2020. Despite the neighbor\'s splendor, the Abu Dhabi government has set the goal to transform the UAE capital into a thriving magnet for leisure tourists and businessmen, thus reducing its economy\'s dependence on the oil and gas industry (60 percent of GDP). Under the \"Abu Dhabi vision 2030\" plan, the government has committed to investing 230 billion U.S. dollars in new hotels, leisure parks, shopping malls and beach club facilities. At the ongoing four-day Arabian Travel Market (ATM) in Dubai, the biggest tourism fair in the Middle East, Sheikh Sultan Bin Tahnoon Al Nahyan, head of the Abu Dhabi Tourism and Culture Authority, explained how the UAE capital plans to expand the hospitality sector to over 5 percent from the current 2.1 percent of the GDP. \"Abu Dhabi launched the bidding process for building a traditional Arabian souk, a unique tourism destination in a historic location at the city\'s entrance,\" said Sheikh Sultan, adding that last February, five new hotels were opened, among them the Ritz Carlton Grand Canal, which increased the number of guest resorts to 87 in the sheikhdom. However, not all hospitality groups can expand as they have planned. Switzerland\'s Moevenpick Group, which runs 5 hotels in Dubai, is still waiting for the green light to build its first resort in Abu Dhabi as regulatory approval has been pending for years. Also, Abu Dhabi\'s one disadvantage compared to Dubai is the lack of shopping opportunities. Even most of the 921,000 residents of Abu Dhabi drive 45 minutes to Dubai every weekend, as the endless license plates at Dubai\'s shopping centers reveal. But this could change soon as Abu Dhabi has surpassed Dubai as the most active shopping mall development market in the Middle East, according to real estate consultancy CBRE. \"There are more than 0.8 million square meters under construction in nine schemes,\" said Mat Green, head of research at CBRE Middle East. The direction Abu Dhabi chose to take has started to pay off. According to Giyas Gokkent, chief economist and head of research at National Bank of Abu Dhabi, this February showed an increase of 7 percent in guest arrivals to the UAE capital.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today abu dhabi aims to be holiday hotspot Arab Today, arab today abu dhabi aims to be holiday hotspot

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday