aviation adds 63 to gdp
Last Updated : GMT 08:43:32
Arab Today, arab today
Arab Today, arab today

Aviation adds 6.3% to GDP

Arab Today, arab today

Arab Today, arab today Aviation adds 6.3% to GDP

London - Arabstoday

The growing aviation industry is contributing 6.3 per cent to gross economic product in 2011, says Sultan bin Saeed Al Mansouri, UAE Minister of Economy. Opening a two-day Global Aerospace Summit here in the capital, he told over 500 aviation industry bigwigs that the industry is vital to the country’s economy, as it contributed Dh61.3 billion to the GDP last year. Its importance is even more vital when together with tourism and hospitality industries it contributed Dh150 billion or 15 per cent to the nation’s GDP, the minister said. Last year the country received 10 million tourists, which in ten year will grow to 15 million. Keeping in view with the growing passenger needs projects worth Dh100 billion were being developed expand Abu Dhabi International Airport, Dubai World Central and Dubai International Airport. He highlighted the achievements of Abu Dhabi based maintenance and overhaul industry and Strata project which produces aircraft components for aircraft manufacturers. The minister underlined the government’s support for a culture of partnerships spanning the public and private sectors, and added: “As the UAE moves from an economy that has a solid base through natural resource revenues to one that will be sustained in the long-term through a diversified, knowledge-based approach, it is vital that we provide a platform for thought leadership.” Build, design aeroplane Abu Dhabi is creating an aviation industry as part of a broader strategy to design and build a plne by the end of decade. “Mubadala Aerospace has been making demonstrable progress in achieving this, through global aircraft maintenance operations, innovative leasing offerings, a leading pilot training academy and the investment in a state-of-the composite aero structures manufacturing facility,”  said Al Mansouri. The growing aviation industry is contributing 6.3 per cent to gross economic  product in 2011, he said. Opening a two-day Global Aerospace Summit here in the capital, he told industry bigwigs that the industry is vital to the country’s economy, as it contributed Dh61.3 billion to the GDP last year. Its importance is even more vital when together with tourism and hospitality industries it contributed Dh150 billion or 15 per cent to the nation’s GDP, the minister said. Last year the country received 10 million tourists, which in ten year will grow to 15 million. Keeping in view with the growing passenger needs projects worth Dh100 billion were being developed expand Abu Dhabi International Airport, Dubai World Central and Dubai International Airport. In the space sector, UAE has made great strides, as EIAST made history with the launch of DubaiSat 1 and Abu Dhabi’s YahSat has launched Y1A military and civilian satellite. Both EIAST and YahSat are also on course with new satellite developments, which will further strengthen our imprint in the global space industry. Images relayed by the UAE’s satellites, have been able to incorporate dramatic improvements in urban and agricultural planning through the satellite feeds. ?       

arabstoday
arabstoday

GMT 03:59 2017 Tuesday ,21 November

Weekly inflation decreases by 0.88%

GMT 23:50 2017 Monday ,20 November

Bahrain Bourse daily trading performance

GMT 14:54 2017 Sunday ,19 November

Bahrain Bourse daily trading performance

GMT 03:16 2017 Saturday ,18 November

Asian markets head for positive end to volatile week

GMT 11:57 2017 Friday ,17 November

US stocks boosted by solid Wal-Mart, Cisco earnings

GMT 06:51 2017 Friday ,17 November

Bahrain Bourse daily trading performance

GMT 03:57 2017 Thursday ,16 November

Stock markets retreat as oil slides

GMT 15:05 2017 Wednesday ,15 November

Bahrain Bourse daily trading performance
Arab Today, arab today
Arab Today, arab today

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*

aviation adds 63 to gdp aviation adds 63 to gdp

 



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*

aviation adds 63 to gdp aviation adds 63 to gdp

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today UN warns of conflict in Gaza

GMT 08:39 2017 Tuesday ,21 November

UN warns of conflict in Gaza
Arab Today, arab today Missouri problem mirrors woes

GMT 06:46 2017 Tuesday ,21 November

Missouri problem mirrors woes
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Fedra happy for “Between Two Worlds” success

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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