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FINANCIAL NEWS
UAE invests heavily in tourism to enhance growth
19 Nov 2015
(MENAFN) UAE’s economy prospect stays robust and solid on the back of the government’s vision and strategy to diversify and expand its resources amid the underwhelming atmosphere of global economy, as experts see it.
The top MENA nation is also more than ever encouraging investors to explore opportunities in healthcare, education and food and beverage sectors in the wake of anticipated growth in spending on infrastructure.
Additionally, Industry watchers and experts also forecast that the nation will welcome 500,000 medical tourists by 2020 that will boost medical tourism revenues to USD707.7 million throughout the coming five years.
“In 2014, Dubai treated 135,000 medical tourists, which covered about 1.1 percent of the total tourist arrivals. This year, the number is expected to reach 150,000 as per Colliers International,” said a top official.
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BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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