A total of 4.1 million visitors stayed in Abu Dhabi hotels last year, up 24 per cent from 2021, new figures have shown.
The Department of Culture and Tourism - Abu Dhabi, said hotel revenues for 2022 had climbed by 23 per cent from the previous year to AED 5.4 billion.
The average hotel stay was about 3 nights per guest, and the average revenue per available room was AED 263.
UAE nationals accounted for the largest share of the capital's hotel guests during the past year, with a share of 29 per cent, or the equivalent of 1.2 million guests.
Indian nationals led all other non-Emiratis with a share of 12 per cent, or the equivalent of 480,000 visitors, up 31 per cent from the same period in 2021.
The nationals of Britain, Egypt, the Philippines, and Saudi Arabia followed with a share of 4 per cent each.
A consortium led by Elon Musk offered $97.4 billion (AED 357 trillion) to buy the nonprofit that controls OpenAI, another salvo in the billionaire's fight to block the artificial intelligence startup from transitioning to a for-profit firm.
Dubai Electricity and Water Authority (DEWA) recorded consolidated full year revenue, for 2024, of AED 30.98 billion, EBITDA of AED 15.70 billion and net profit after tax of AED 7.24 billion.
The UAE's Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), on Monday emphasised the aviation sector's critical role in the global economy, noting that it accounts for 12 to 13 per cent of GDP in some countries and supports millions of jobs worldwide.
World leaders and technology executives are convening in Paris on Monday to discuss how to safely embrace artificial intelligence at a time of mounting resistance to red tape that businesses say stifles innovation.
The Abu Dhabi Registration and Licensing Authority (ADRA), which develops and regulates the business sector, on Monday revealed significant growth in business licences and compliance indicators in the Emirate's mainland and non-financial economic free zones during 2024.