Abu Dhabi organizations have identified about $2 billion of investment opportunities in South Korea after the two sides agreed to expand business ties in January, a joint statement said on Monday. The United Arab Emirates (UAE) pledged during South Korean President Yoon Suk Yeol's visit to Abu Dhabi in January to invest up to $30 billion in the Asian country in sectors including energy and information technology.
Bahraini Minister of Tourism Fatima Al-Sairafi said that her country has doubled its efforts to increase the tourism sector’s contribution to the national economy. In an interview with Asharq Al-Awsat, Al-Sairafi touched on the strategy pursued by Bahrain to achieve growth in the tourism sector and make it the first contributor to the GDP.
The GCC states are discussing plans for a Schengen-style visa for tourists covering the Gulf region, Bahrain’s Minister of Tourism Fatima Al Sairafi has been quoted as saying.