Crisis-hit Sri Lankan economy rebounds as tourists return
- 16-Mar-2024
COLOMBO: Sri Lanka’s economy rebounded strongly in the fourth quarter of 2023 from the island nation’s unprecedented financial crisis as tourism arrivals rose, the government said Saturday. Agriculture, industries and services boosted the expansion to 4.5 percent in the December quarter compared to a 12.4 percent contraction a year earlier, the census and statistics department […]
UAE rakes in $5 billion as tourists return: officials
- 11-Sep-2022
DUBAI: The United Arab Emirates’ tourism revenues surpassed $5 billion in the first half of this year, officials said Sunday, with a strong performance expected this winter when neighbouring Qatar hosts football’s World Cup. Hotel occupancy was up more than 40 percent on Covid-hit 2021, UAE prime minister and Dubai ruler Sheikh Mohammed bin Rashid […]