• Dubai Tourism eases procedure to develop tourism companies & lure investment

    13 days ago - By Travel and Tourworld

    Dubai will ignore bank guarantees to build up tourism companies as part of an effort to cut down the cost of doing business and to lure investments that align with government initiatives to boost up economy. This move will excuse over 2,000 travel and tour operators from providing bank guarantees of US$68 million and free up capital to reinvest in their businesses, as per Dubai's Department of Tourism and Commerce Marketing, aka Dubai Tourism.
    “As we head into 2019 with a commitment to significantly boost tourism arrivals in line with our 2022-2025 tourism strategy and vision to make Dubai...
    Read more ...