Dubai – The merger of the Dubai Economy and Tourism & Commerce Marketing Departments was announced this Saturday (6). Helal Al Marri (pictured above), the current director-general of Tourism, will take over the new department. According to the release, the emirate intends to increase the city’s competitiveness and expand foreign trade. The emirate aims to attract 25 million tourists by 2025.
The Department of Economy and Tourism takes on the task of fulfilling seven goals to strengthen Dubai’s position in tourism and economy and make it the best city in the world to live and work in, stated the announcement.
Among the goals are increasing by 150% the added value of the industrial sector over the next five years, expanding by 50% export markets for local products, and increasing by 40% the number of tourists coming to Dubai by 2025.
The newly launched government body is also tasked with making Dubai one of the top five global cities in the leading economic indicators, attracting 100,000 companies in three years and 400 international economic events annually through 2025. The new entity also aims to encourage private and family businesses to be listed on the Dubai stock exchange.
The Economy and Tourism department will also promote Dubai’s competitiveness by attracting foreign investment, increasing exports, supporting small and medium-sized enterprises (SMEs), and developing new plans for Dubai’s new economic sectors.
Translated by Elúsio Brasileiro
