The UAE has proven the strength of its economy and the leadership of its various vital sectors regionally, as the UAE came at the forefront of the first Forbes Middle East list in “The Most Powerful Travel and Tourism Leaders in the Middle East”, as it hosts 24 business leaders among the 50 regional travel and tourism pioneers, and His Highness Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Civil Aviation Authority, and Chairman and Chief Executive of the Emirates Airline Group. In the real estate sector, a recent report revealed that the UAE contributed 33.4%, or the equivalent of 169 billion dirhams, of the total real estate transactions in the GCC countries in 2021.
The report, issued yesterday by Kuwait’s Kamco Invest, stated that the average value of each real estate transaction last year witnessed a 21.6% increase in Dubai, stressing that the attractiveness of prices in Dubai contributed to the increase in investors’ appetite for the projects under construction that developers are offering.
On the other hand, the UAE accounted for 37 brands, among the “150 most valuable brands in the Middle East 2022” list, issued by the British “Brand Finance” specialized in brand evaluation.
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