Tourism and aviation share in UAE economy to a lot more than double by 2040

Tourism and aviation share in UAE economy to a lot more than double by 2040

eTurboNews Syndication:

International Air Transport Association (IATA) data implies that aviation and tourism sector’s contribution to UAE economy increase to $128 billion over next two decades.

According to Mohammad Albakri, regional vice president of Africa & Middle East at an IATA event, aviation and tourism sector&rsquo currently;s share in the United Arab Emirates’ gross domestic product (GDP) is 13 percent at $47.4 billion.

Two of the world’s largest airlines, Etihad and emirates, are located in United Arab Emirates.

UAE’s tourism and aviation market will probably support 1.4 million jobs within the next twenty years, from 800,000 jobs now.


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Author: George Taylor

Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.