Merex Investment has announced that work is nearing completion on its flagship beachfront project - J1 Beach - at Jumeirah and on track for opening in September. Featuring 13 dining venues, it is set to transform Dubai s beachfront dining scene.
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NEW YORK, April 13, 2021 /PRNewswire/ The U.A.E. is one of the biggest tourist destinations in the world on account of its lavish lifestyle, sleek infrastructure, thrilling amusement parks, immersive Arabic culture, and intriguing ethnic history. As a result, the travel & tourism sector contributed 5.2% to the country s gross domestic product (GDP) in 2016, a share that the government wants to increase further. Therefore, the resulting construction of infrastructure in this sector will likely drive the U.A.E. mechanical, electrical, and plumbing services market from $3,025.9 million in 2020 to $12,946.9 million in 2030, at a 15.7% CAGR between 2021 and 2030, according to the market research report published by P&S Intelligence.