UAE Records Exceptional Summer Tourism Growth Driven by Festivals and Events
Strong promotional campaigns, attractive hotel offers, and large-scale indoor activities have helped transform the summer months into a thriving tourism period. Preliminary figures show hotel occupancy reaching between 60 and 70 percent in July and early August, reflecting the success of the country's strategy to position itself as a year-round destination.
Sheikh Dr. Saeed bin Tahnoon bin Mohammed Al Nahyan said the season highlights the UAE's distinction as a global hub that combines modernity, comfort, and security, supported by world-class infrastructure and meticulous organisation. He credited the achievements to the vision of the nation's leadership, led by President His Highness Sheikh Mohamed bin Zayed Al Nahyan, who prioritises innovation, stability, and quality of life.
Major events are drawing large crowds across the emirates. Abu Dhabi hosted the 21st Liwa Dates Festival, welcoming over 144,000 visitors, alongside the Historic Dalma Race Festival and global sporting events. Dubai is running Dubai Summer Surprises until 31 August, offering shopping promotions, raffles, and entertainment. Sharjah is also seeing strong participation in its Summer Promotions, boosting both tourism and retail activity.
Beyond its diverse attractions, the UAE's reputation for safety and stability continues to be a defining advantage, ranking high in global indices of security and quality of services. This environment, Sheikh Dr. Saeed noted, makes the country a preferred family destination where visitors enjoy peace of mind alongside a rich cultural and modern experience.
News Source: Emirates News Agency
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hi Dubai
5 hours ago
- Hi Dubai
UAE Central Bank Reports 2.7% Growth in Bank Assets in May 2025
The Central Bank of the UAE reported steady growth in the nation's money supply and banking sector in May 2025, reflecting ongoing liquidity expansion across domestic and foreign markets. Money supply aggregate M1, covering currency in circulation and monetary deposits, rose 0.4% to AED1,015.6 billion, driven by AED3.4 billion growth in deposits and AED0.3 billion in cash circulation. M2, which includes quasi-monetary deposits, increased 1.6% to AED2,474.0 billion, while M3, the broadest measure, climbed 1.7% to AED2,948.1 billion, supported by higher government deposits. The monetary base expanded 2.2% to AED836.7 billion, bolstered by increases in currency issuance, reserve accounts, and monetary bills, despite declines in certain bank accounts and overnight deposits. Gross banks' assets rose 2.7% to AED4,878.3 billion, and gross credit increased 1.5% to AED2,293.4 billion, reflecting growth in domestic and foreign lending. Credit to government and private sectors rose, while lending to public sector entities and non-banking financial institutions fell. Bank deposits strengthened by 1.8% to AED3,018.5 billion, driven by growth in resident and non-resident deposits, with government and private sector holdings showing the largest gains. The data highlights steady monetary expansion and banking sector resilience as the UAE continues supporting economic growth. News Source: Emirates News Agency
Hi Dubai
12 hours ago
- Hi Dubai
UAE and Senegal Drive Global Push to Finance Africa's Water Future
The United Arab Emirates and Senegal have taken a leading role in advancing water security across Africa, co-hosting a high-level session at the Africa Water Investment Summit in Cape Town to accelerate financing for climate-resilient water infrastructure ahead of the 2026 UN Water Conference. From 13 to 15 August, heads of state, ministers, development banks, private investors, and civil society leaders gathered to address Africa's annual water investment shortfall, with only $10–19 billion mobilised against a $30 billion target. Globally, the financing gap stands at $6.7 trillion to 2030 and $22.6 trillion to 2050. The summit, held under South Africa's G20 presidency, highlighted the urgency of innovative financing models and public–private–philanthropic partnerships to bridge these gaps. It also marked a milestone in preparations for the 2026 UN Water Conference, which will place 'Investments for Water' at the heart of its agenda. Abdulla Balalaa, UAE Assistant Minister of Foreign Affairs for Energy and Sustainability, stressed that the summit came at 'exactly the right moment' to turn political consensus into concrete progress. AUDA-NEPAD CEO Nardos Bekele-Thomas echoed the message, calling reliable water access 'the foundation upon which Africa's prosperity will be built.' Discussions centred on blended finance, concessional loans, risk-sharing mechanisms, and improving project bankability. Stakeholders underscored the importance of aligning investments with national priorities to ensure lasting impact. By gathering perspectives from governments, investors, and development partners, the UAE and Senegal aim to shape tangible recommendations for the 2026 UN Water Conference, setting the stage for stronger global action on water security. News Source: Emirates News Agency
Hi Dubai
12 hours ago
- Hi Dubai
UAE Records Exceptional Summer Tourism Growth Driven by Festivals and Events
The United Arab Emirates is experiencing an exceptional summer tourism season, with residents and international visitors flocking to its cities for cultural, heritage, and entertainment events despite the hot climate. Strong promotional campaigns, attractive hotel offers, and large-scale indoor activities have helped transform the summer months into a thriving tourism period. Preliminary figures show hotel occupancy reaching between 60 and 70 percent in July and early August, reflecting the success of the country's strategy to position itself as a year-round destination. Sheikh Dr. Saeed bin Tahnoon bin Mohammed Al Nahyan said the season highlights the UAE's distinction as a global hub that combines modernity, comfort, and security, supported by world-class infrastructure and meticulous organisation. He credited the achievements to the vision of the nation's leadership, led by President His Highness Sheikh Mohamed bin Zayed Al Nahyan, who prioritises innovation, stability, and quality of life. Major events are drawing large crowds across the emirates. Abu Dhabi hosted the 21st Liwa Dates Festival, welcoming over 144,000 visitors, alongside the Historic Dalma Race Festival and global sporting events. Dubai is running Dubai Summer Surprises until 31 August, offering shopping promotions, raffles, and entertainment. Sharjah is also seeing strong participation in its Summer Promotions, boosting both tourism and retail activity. Beyond its diverse attractions, the UAE's reputation for safety and stability continues to be a defining advantage, ranking high in global indices of security and quality of services. This environment, Sheikh Dr. Saeed noted, makes the country a preferred family destination where visitors enjoy peace of mind alongside a rich cultural and modern experience. News Source: Emirates News Agency
