.
.
.
.

Dubai to increase tourism capacity by 134 percent in 2040

Published: Updated:

Dubai government said on Saturday it plans to increase its tourism and hotel capacity by 134 percent over the next 20 years, part of a wider plan to make the emirate more competitive as Gulf countries brace for the post-oil era.

The Dubai-2040 plan forecasts 400 percent increase in beach capacity and 168 square kilometer (65 square miles) of lands allocated to logistics and other businesses, a government statement said.

For all the latest headlines follow our Google News channel online or via the app.

The emirate sees its population at 5.8 million in 2040, up from 3.3 million, it said.

Dubai is increasingly facing pressure from other business hubs including Saudi Arabia, which is encouraging foreign companies to setup regional headquarters in Riyadh.

From 2024, the Saudi government will stop giving state contracts to companies and commercial institutions that base their Middle East hubs in any other country in the region.

Read more:

The signs highlighting the short-term struggles Dubai’s tourism industry faces

Vaccine tourism: Can you travel to get a COVID-19 vaccine in Dubai? Not yet

Saudi Arabia will not work with foreign companies without HQ in Kingdom from 2024