UAE - Trillions ploughed into Middle East tourism

TVLW, Dec 19, 2007

The success of the tourism market in the Middle East has been illustrated by a new study, which reveals that 13.33 trillion dirhams (£1.8 trillion) has been invested in the industry to date.
According to research by Fast Future and Global Futures Foresight, the funds have been focused on building new hotels and leisure projects, developing aviation, supporting infrastructure and promoting tourism.
Investment in the travel markets of Syria, Oman, Dubai, Abu Dhabi and others shows no signs of stopping, with plans in place to enable the construction of 900 new hotels in the Middle East with £288bn of financing.

>>Full article