Dubai welcomed 6.02 million international visitors from January-April, an 18 per cent annual increase. AP
Dubai welcomed 6.02 million international visitors from January-April, an 18 per cent annual increase. AP
Dubai welcomed 6.02 million international visitors from January-April, an 18 per cent annual increase. AP
Dubai welcomed 6.02 million international visitors from January-April, an 18 per cent annual increase. AP

Sheikh Ahmed attends Department of Economy and Tourism’s first ‘City Briefing’ of 2023


Alkesh Sharma
  • English
  • Arabic

Sheikh Ahmed bin Mohammed, Second Deputy Ruler of Dubai, attended the Department of Economy and Tourism’s first “City Briefing” of 2023, the Dubai Government Media Office said in a statement on Thursday.

The industry gathering focused on the Dubai Economic Agenda D33 that was launched to consolidate Dubai's status as one of the top three global cities.

The briefing was attended by more than 1,200 executives from across the tourism ecosystem including the aviation, travel, hospitality and retail sectors.

“With great optimism for 2023 and beyond, we will press on with determination and a renewed focus on delivering exceptional experiences for our visitors from around the world,” said Helal Saeed Almarri, director general of the DET.

“The success of the D33 Agenda will be intricately linked to the wholehearted support of our valued stakeholders and partners.

“Their unwavering commitment and shared belief in our city's potential have propelled us forward, enabling us to overcome unprecedented challenges and transforming them into opportunities for growth in spite of a tough and highly competitive global environment.”

The tourism industry in Dubai, the commercial and leisure hub of the Middle East, started the year on a high note, with vital growth indicators closing in on pre-pandemic levels, which has given the emirate a head start in achieving its targets over the next decade.

Dubai welcomed 6.02 million international visitors from January-April, an 18 per cent annual increase, according to data cited by Dubai Media Office.

The emirate’s hotel sector witnessed an average occupancy of 80 per cent during the first four months of the year, surpassing the 76 per cent achieved by hotels during the same period last year and almost matching the pre-pandemic 83 per cent occupancy in 2019.

Under the D33 strategy, the emirate aims to double its gross domestic product to Dh800 billion by 2033.

Stakeholders and partners have pledged their support for the D33 agenda.

“It [Dubai] is a city with incredible appeal to everyone from around the world,” said Alexander Lee, chief commercial officer of Jumeirah Group.

“As a luxury hotel operator and owner of high-end residences across the city, Jumeirah Group continues to see rising demand for its products and services, both from traditional feeder markets but increasingly from new international markets, as Dubai advances its position as a leading global destination.”

  • The Museum of the Future, with its remarkable architecture, has quickly become a highlight for visitors to Dubai. Photo: DTCM
    The Museum of the Future, with its remarkable architecture, has quickly become a highlight for visitors to Dubai. Photo: DTCM
  • The Wild Wadi Waterpark in Jumeirah is one of the attractions that make Dubai a family-friendly destination. Photo: Wild Wadi
    The Wild Wadi Waterpark in Jumeirah is one of the attractions that make Dubai a family-friendly destination. Photo: Wild Wadi
  • The shops, cafes, bars and restaurants along Jumeirah Beach Residence in Dubai are popular among tourists. Photo: Reuters
    The shops, cafes, bars and restaurants along Jumeirah Beach Residence in Dubai are popular among tourists. Photo: Reuters
  • A jump at Skydive Dubai has become a must-do for daredevil visitors. Photo: Skydive Dubai
    A jump at Skydive Dubai has become a must-do for daredevil visitors. Photo: Skydive Dubai
  • Admirers will say that the Burj Khalifa, the tallest tower in the world at about 830 metres, is Dubai's most famous tourist attraction. Photo: Dar Al Arkan
    Admirers will say that the Burj Khalifa, the tallest tower in the world at about 830 metres, is Dubai's most famous tourist attraction. Photo: Dar Al Arkan
  • Visitors can enjoy an almost immersive experience of water and light at the Dubai Fountain. Photo: Alamy
    Visitors can enjoy an almost immersive experience of water and light at the Dubai Fountain. Photo: Alamy
  • A visit to Dubai often involves a trip to Al Fahidi Fort, with its dhow installation to celebrate the Gulf's maritime history. Photo: Alamy
    A visit to Dubai often involves a trip to Al Fahidi Fort, with its dhow installation to celebrate the Gulf's maritime history. Photo: Alamy
  • The ski lift at Ski Dubai inside the Mall of the Emirates. With its 22,500 square metres of skiiing, the centre is arguably one of the Gulf region's most eye-catching and unexpected attractions. Photo: AP
    The ski lift at Ski Dubai inside the Mall of the Emirates. With its 22,500 square metres of skiiing, the centre is arguably one of the Gulf region's most eye-catching and unexpected attractions. Photo: AP
  • Bluewaters Island, where the Ain Dubai wheel is located. Photo: Reuters
    Bluewaters Island, where the Ain Dubai wheel is located. Photo: Reuters
  • One of the pods on the Ain Dubai that offer visitors sweeping views of the city and Arabian Gulf waters. Chris Whiteoak / The National
    One of the pods on the Ain Dubai that offer visitors sweeping views of the city and Arabian Gulf waters. Chris Whiteoak / The National
  • The Ain Dubai lights up. Chris Whiteoak / The National
    The Ain Dubai lights up. Chris Whiteoak / The National
  • The Lost Chambers Aquarium at Atlantis, The Palm. Photo: Atlantis, The Palm
    The Lost Chambers Aquarium at Atlantis, The Palm. Photo: Atlantis, The Palm
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Squad for first two ODIs

Kohli (c), Rohit, Dhawan, Rayudu, Pandey, Dhoni (wk), Pant, Jadeja, Chahal, Kuldeep, Khaleel, Shami, Thakur, Rahul.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Tuesday results:

  • Singapore bt Malaysia by 29 runs
  • UAE bt Oman by 13 runs
  • Hong Kong bt Nepal by 3 wickets

Final:
Thursday, UAE v Hong Kong

'The Woman in the House Across the Street from the Girl in the Window'

Director:Michael Lehmann

Stars:Kristen Bell

Rating: 1/5

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

UAE Team Emirates

Valerio Conti (ITA)
Alessandro Covi (ITA)
Joe Dombrowski (USA)
Davide Formolo (ITA)
Fernando Gaviria (COL)
Sebastian Molano (COL)
Maximiliano Richeze (ARG)
Diego Ulissi (ITAS)

Things Heard & Seen

Directed by: Shari Springer Berman, Robert Pulcini

Starring: Amanda Seyfried, James Norton

2/5

Small%20Things%20Like%20These
%3Cp%3EDirector%3A%20Tim%20Mielants%3Cbr%3ECast%3A%20Cillian%20Murphy%2C%20Emily%20Watson%2C%20Eileen%20Walsh%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
The specs: 2019 Infiniti QX50

Price, base: Dh138,000 (estimate)
Engine: 2.0L, turbocharged, in-line four-cylinder
Transmission: Continuously variable transmission
Power: 268hp @ 5,600rpm
Torque: 380Nm @ 4,400rpm
Fuel economy: 6.7L / 100km (estimate)

How to invest in gold

Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.

A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).

Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.

Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”

Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”

Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”

By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.

You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.

You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.

The%20new%20Turing%20Test
%3Cp%3EThe%20Coffee%20Test%3C%2Fp%3E%0A%3Cp%3E%3Cem%3EA%20machine%20is%20required%20to%20enter%20an%20average%20American%20home%20and%20figure%20out%20how%20to%20make%20coffee%3A%20find%20the%20coffee%20machine%2C%20find%20the%20coffee%2C%20add%20water%2C%20find%20a%20mug%20and%20brew%20the%20coffee%20by%20pushing%20the%20proper%20buttons.%3C%2Fem%3E%3C%2Fp%3E%0A%3Cp%3EProposed%20by%20Steve%20Wozniak%2C%20Apple%20co-founder%3C%2Fp%3E%0A
Abaya trends

The utilitarian robe held dear by Arab women is undergoing a change that reveals it as an elegant and graceful garment available in a range of colours and fabrics, while retaining its traditional appeal.

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Company profile

Company name: Suraasa

Started: 2018

Founders: Rishabh Khanna, Ankit Khanna and Sahil Makker

Based: India, UAE and the UK

Industry: EdTech

Initial investment: More than $200,000 in seed funding

Padmaavat

Director: Sanjay Leela Bhansali

Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh

3.5/5

The%20specs%3A%202024%20Mercedes%20E200
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cyl%20turbo%20%2B%20mild%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E204hp%20at%205%2C800rpm%20%2B23hp%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C800rpm%20%2B205Nm%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.3L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENovember%2FDecember%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh205%2C000%20(estimate)%3C%2Fp%3E%0A
UAE central contracts

Full time contracts

Rohan Mustafa, Ahmed Raza, Mohammed Usman, Chirag Suri, Mohammed Boota, Sultan Ahmed, Zahoor Khan, Junaid Siddique, Waheed Ahmed, Zawar Farid

Part time contracts

Aryan Lakra, Ansh Tandon, Karthik Meiyappan, Rahul Bhatia, Alishan Sharafu, CP Rizwaan, Basil Hameed, Matiullah, Fahad Nawaz, Sanchit Sharma

UAE currency: the story behind the money in your pockets
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

Bio

Born in Dubai in 1994
Her father is a retired Emirati police officer and her mother is originally from Kuwait
She Graduated from the American University of Sharjah in 2015 and is currently working on her Masters in Communication from the University of Sharjah.
Her favourite film is Pacific Rim, directed by Guillermo del Toro

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

COMPANY%20PROFILE
%3Cp%3EFounder%3A%20Hani%20Abu%20Ghazaleh%3Cbr%3EBased%3A%20Abu%20Dhabi%2C%20with%20an%20office%20in%20Montreal%3Cbr%3EFounded%3A%202018%3Cbr%3ESector%3A%20Virtual%20Reality%3Cbr%3EInvestment%20raised%3A%20%241.2%20million%2C%20and%20nearing%20close%20of%20%245%20million%20new%20funding%20round%3Cbr%3ENumber%20of%20employees%3A%2012%3C%2Fp%3E%0A
The%20Killer
%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EDavid%20Fincher%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%C2%A0%3C%2Fstrong%3EMichael%20Fassbender%2C%20Tilda%20Swinton%2C%20Charles%20Parnell%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%C2%A0%3C%2Fp%3E%0A
THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Nag%20Ashwin%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EPrabhas%2C%20Saswata%20Chatterjee%2C%20Deepika%20Padukone%2C%20Amitabh%20Bachchan%2C%20Shobhana%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E%E2%98%85%E2%98%85%E2%98%85%E2%98%85%3C%2Fp%3E%0A
SPECS

Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now

Updated: June 15, 2023, 6:54 PM