Saturday, August 17, 2019
Abu Dhabi launches Dh600m fund to attract entertainment and business events
INDUSTRY

Abu Dhabi launches Dh600m fund to attract entertainment and business events

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Visitors at an exhibition in Louvre Abu Dhabi. The UAE capital is creating a Dh600 million fund to attract business and leisure events. Christopher Pike / The National Abu Dhabi is setting up a Dh600 million fund to attract entertainment and business events to the emirate, as part of wider plans to spur economic growth, draw foreign investors and boost tourism. The new fund by Abu Dhabi’s Department of Culture and Tourism (DCT Abu Dhabi) will finance projects in the events sector and is expected to yield returns of more than Dh1.6 billion for the local economy, the authority […]

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