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When
fully operational the Desert Islands are expected to generate Dh1.2bn
in tourism revenue annually and create around 6,500 jobs.
5.
While those should pull in investors as well as tourists, Abu Dhabi
still has its traditional haunts like the Al-Hosn palace, which is the
oldest building in the city, the cultural foundation, which organizes
several international and local art exhibitions and film festivals,
power boat racing, scuba diving and wadi bashing.
6.
According to official statistics, in 2006, the 71 hotels and hotel
apartments in the capital managed to generate 2.3 billion dollars. The
hotel occupancy went up from 60 percent in 2003 to 84 percent in 2006.
7. According to Ali H Lakhraim,
President and CEO of Millennium Hotels Middle East, Abu Dhabi will
become a top business destination in the Middle East over the next
three years due to its current economic boom, as well as giant projects
launched in the past two years. The company is planning to build 19 new
hotels in the UAE over the next three years, with total cost between
$2.5 billion and $3.75bn.
8. Some of Abu Dhabi's
other major developments include- Al Reem Island, located on the
northeastern coast of Abu Dhabi, will be home to an estimated 280,000
residents upon completion in 2012. Besides residential, commercial and
retail or mall spaces, the 633-hectare development will also feature
hotels, spas, schools, clinics and a golf course.
Khalifa City,
which will house residential complexes and a $ 136 million "new
ministries complex project", is envisioned as Abu Dhabi's response to
Dubai's prestigious Sheikh Zayed Road, and will also have a number of
international hotel chains.
9. The development of Saadiyat Island,
said to be completed between 2009 and 2018, will be one of the most
expensive projects to be undertaken in Abu Dhabi, with budget close to
$27 billion. It will have a cultural district to feature some of the
world's most recognized contemporary and art museums such as Guggenheim
and Louvre and around 29 five-star hotels. A $163 million bridge
project to link the Sa'adiyat Island with the Abu Dhabi mainland has
also been commissioned and is expected to be completed in 2009.
10.
And perhaps Abu Dhabi is heading in the right direction—It has been
selected as one of the top ten destinations in the world by
expedia.co.uk, UK's largest online travel agent. Abu Dhabi ranks among
New Zealand, Argentina, China, Cape Verde, Alaska, Reykjavik, Berlin,
Boston and Liverpool as one of the Top Ten places to visit in 2008.
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