A report issued by World Travel and Tourism Council has mentioned that UAE dominates around 14.3% of investments in travel and tourism sector in the Middle East.
The report said that the cumulative value of investments in travel and tourism sector carried out by the Emirati government reached 23 billion dirhams during 2014 to compose around 6.5% of the total investments.
The report predicted the travel and tourism investments to rise by 5.3% during the current year.
The cumulative value of investments in travel and tourism sector in the whole region reached 160 billion dirhams to compose around 6.8% of the total investments value, the report predicted the investments to rise by 6.6% during 2015.
UAE came in the second place on Middle East and the 33rd globally in respect of tourism and travel sector contribution in the total national income.