Bahrain’s $186m treasury bills issue oversubscribed by 121% 

Bahrain’s $186m treasury bills issue oversubscribed by 121% 

RIYADH: Dubai’s tourism sector achieved a significant milestone in the first half of 2023 by welcoming 8.55 million international overnight visitors, surpassing pre-pandemic levels of 8.36 million recorded in the first half of 2019.   

This represents the city’s strongest first-half performance in its history, the Emirates News Agency, also known as WAM, reported citing data from Dubai’s Department of Economy and Tourism.

The city achieved a 20 percent year-on-year growth in terms of visitors in the first half of 2023. This further consolidates the emirate’s aspiration, under the Dubai Economic Agenda 2033, to rank among the world’s top three cities.   

The agenda has outlined a new trajectory for the city to further consolidate its status as one of the world’s top urban economies and tourism destinations. In addition, it reaffirms the emirate’s position as the fastest-recovering destination globally.

The record performance in the first half of the year also surpasses the UN World Trade Organization’s global projection of 80 to 95 percent recovery to pre-pandemic levels for international tourist arrivals in 2023.

“The remarkable surge in international visitors witnessed by Dubai in the first half of 2023 further demonstrates its emergence as one of the brightest spots not only in the worldwide tourism