UAE In-Focus — Abu Dhabi sets out plan to attract 24m visitors by end of 2023

Abu Dhabi received 18 million visitors in 2022 (Shutterstock)
Short Url
Updated 01 May 2023
Follow

UAE In-Focus — Abu Dhabi sets out plan to attract 24m visitors by end of 2023

RIYADH: Abu Dhabi plans to attract more than 24 million visitors by the end of this year, according to its Department of Culture and Tourism. 

The new targets follow a surge in visitors to Abu Dhabi in 2022, with hotel occupancy rates and other metrics demonstrating the industry’s revival, the state news agency WAM reported.   

The emirate received 18 million visitors, representing a 13 percent increase from the previous year, while the hotel occupancy rates reached 70 percent, surpassing the Middle East average of 67 percent in 2022.  

The emirate welcomed visitors from around the world, with the highest number of international visitors coming from India, Saudi Arabia, the UK, and the US, respectively.  

“Our ambitious goal to welcome more than 24 million visitors by the end of 2023 builds on healthy growth over the past year. This encouraging performance was enabled through powerful collaborations and delivery of memorable travel and business experiences throughout the year,” said Saood Abdulaziz Al-Hosani, undersecretary at Abu Dhabi’s Department for Culture and Tourism.

AD Ports Group purchases new vessels  

AD Ports Group has announced plans to expand its fleet by purchasing five bulk carriers and three crude oil tankers, reported the state news agency WAM. 

These vessel acquisitions will follow the recently signed agreements to enhance the group’s shipping division.  

The five bulk carriers, to be purchased at 459 million dirhams ($125 million), form part of the long-term agreement with Saif Powertec signed in April 2022.  

The deal facilitates the movement of general and dry bulk cargo between Port of Fujairah in the UAE with Bangladesh, the Indian subcontinent, South-East Asia and other global destinations.  

The purchase of three crude oil tankers, with a total transaction value of 496 million dirhams, will form part of the seven-year vessel pooling agreement signed in December 2022 with KazMorTransFlot, a subsidiary of Kazakh National Oil Co. for the transport of crude oil internationally.  

Mohamed Juma Al-Shamisi, managing director and group CEO of AD Ports Group, said the extension of the fleet is a remarkable milestone for AD Port’s maritime cluster and will further equip the business with the right assets and logistics capabilities to adapt to the evolving global demand within the industries.  

“More importantly, the vessel acquisitions are part of a larger expansion strategy by our Group aimed at broadening our portfolio of services and taking our experience and service excellence to the wider bulk shipping and offshore oil markets,” Al-Shmisi added.  

Under the terms of the strategic partnership agreement between KNOC and AD Ports Group, the two companies will review opportunities to collaborate on a broad range of projects, including the development of a new fleet of shallow-water vessels to support offshore operations in the Caspian Sea and the development of a tanker fleet to support the export of Kazakh oil.


Saudi Arabia’s cultural sector is a new economic engine between Riyadh and Paris, says ambassador

Updated 25 January 2026
Follow

Saudi Arabia’s cultural sector is a new economic engine between Riyadh and Paris, says ambassador

RIYADH: Culture has become a fundamental pillar in bilateral relations between France and Saudi Arabia, according to the French Ambassador to the Kingdom, Patrick Maisonnave.

Maisonnave noted its connection to the entertainment and tourism sectors, which makes it a new engine for economic cooperation between Riyadh and Paris.

He told Al-Eqtisadiah during the opening ceremony of La Fabrique in the Jax district of Diriyah that cultural cooperation with Saudi Arabia is an important element for its attractiveness in the coming decades.

La Fabrique is a space dedicated to artistic creativity and cultural exchange, launched as part of a partnership between the Riyadh Art program and the French Institute in Riyadh. 

Running from Jan. 22 until Feb 14, the initiative will provide an open workspace that allows artists to develop and work on their ideas within a collaborative framework.

Launching La Fabrique as a space dedicated to artistic creativity

The ambassador highlighted that the transformation journey in the Kingdom under Vision 2030 has contributed to the emergence of a new generation of young artists and creators, alongside a growing desire in Saudi society to connect with culture and to embrace what is happening globally. 

He affirmed that the relationship between the two countries is “profound, even cultural par excellence,” with interest from the Saudi side in French culture, matched by increasing interest from the French public and cultural institutions unfolding in the Kingdom.

Latest estimates indicate that the culture-based economy represents about 2.3 percent of France’s gross domestic product, equivalent to more than 90 billion euros ($106.4 billion) in annual revenues, according to government data. The sector directly employs more than 600,000 people, making it one of the largest job-creating sectors in the fields of creativity, publishing, cinema, and visual arts.

Saudi Arabia benefiting from French experience in the cultural field

Maisonnave explained that France possesses established cultural institutions, while Saudi Arabia is building a strong cultural sector, which opens the door for cooperation opportunities.

This comes as an extension of the signing of 10 major cultural agreements a year ago between French and Saudi institutions, aiming to enhance cooperation and transfer French expertise and knowledge to contribute to the development of the cultural system in the Kingdom.

He added that experiences like La Fabrique provide an opportunity to meet the new generation of Saudi creators, who have expressed interest in connecting with French institutions and artists in Paris and France.

La Fabrique encompasses a space for multiple contemporary artistic practices, including performance arts, digital and interactive arts, photography, music, and cinema, while providing the public with an opportunity to witness the stages of producing artistic works and interact with the creative process.