At the recent cabinet meeting chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, “Our tourism sector’s revenues surpassed AED 19 billion in the first half of 2022. The total number of hotel guests reached 12 million, achieving 42% growth, and we expect a strong tourism performance in this winter season. During the Cabinet meeting, we approved a new law enhancing partnership between government and private sectors… Also, we approved the licensing of the first electric cargo aircraft in the region fully powered with clean energy.” His Highness Sheikh Mohammed bin Rashid noted, “I chaired the Cabinet meeting at Qasr Al Watan in Abu Dhabi. We reviewed the UAE’s competitive and development indicators. Our commercial and development sectors surpassed the pre-pandemic growth. Under the leadership of my brother Mohamed bin Zayed, the UAE has managed to overcome the COVID-19 pandemic. Our country has become globally prominent for its significant economic growth and development.” His Highness further added: “The number of global indices topped by the UAE rose from 121 to 156 indicators. We ranked among top 10 in 432 global indicators, compared to 314 pre-pandemic. We are the first in the world in terms of security and safety, infrastructure, flexibility of regulations, and more.” His Highness said: “The UAE’s foreign trade exceeded AED 1 trillion, compared to AED 840 billion pre- pandemic and this year’s economic growth exceeded 22%.” The meeting was attended by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister …
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