Al Raid Group announced the construction of a futuristic mall, Al Araimi Boulevard, anticipated to be completed in September.
According to analysts at Lodging Econometrics (LE), the top countries in the Middle East construction pipeline are Saudi Arabia with 209 projects/72,680 rooms, UAE with 208 projects /58,930 rooms and Qatar with 58 projects /13,667 rooms.
Lodging Econometrics’ (LE) recent Trend Report says construction pipelines for the Middle East and Africa continue to grow resulting in 875 projects /216,045 rooms combined.
The emirate’s Department of Culture and Tourism (DCT) is looking forward to the benefits created by an AED50 million (USD13.61 million) stimulus package announced by H.H. Sheikh Mohammed bin Zayed Al Nahyan, crown prince, Abu Dhabi.
Passenger traffic across the Middle East continued recording growth in March at four percent year-on-year, according to Airports Council International (ACI) Asia-Pacific data.