UAE is the most competitive economy and Dubai ranked first place globally in hotel occupancy

UAE is the most competitive economy and Dubai ranked first place globally in hotel occupancy

  • AX News
  • UAE is the most competitive economy, Etihad Rail has awarded a contract and Dubai ranked first place globally in hotel occupancy

UAE is the most competitive economy in the Middle East

According to the ranking by the IMD Business School in Switzerland. Basic factors:

  • Economic and business efficiency
  • Activities of public authorities
  • Infrastructure

In overall ranking, UAE ranked 12th, ahead of Canada, Germany and China.

UAE railway union, Etihad Rail, has awarded a $327 million contract to the Spanish engineering company, CAF

For the supply of passenger trains Each train will have a seating capacity of 400+ and will reach the speed of up to 200km per hour. This is set to reduce the commute time by 30–40% compared to the other modes of transport.

Dubai ranked first place globally in hotel occupancy from January to May 2022

Ahead of New York, London and Paris. According to Dubai Department of Economy and Tourism (DET). During this period, the city was visited by 6.17m foreign tourists. This is 197% more than in the same period in 2021.

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