Binance to convert users' USD Coin into its own stablecoin By Reuters

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© Reuters. FILE PHOTO: Tourists rest at the Habtoor Grand Resort, in Dubai, United Arab Emirates, February 1, 2022. REUTERS/Abdel Hadi Ramahi

(Reuters) – The United Arab Emirates’ tourism revenues were 19 billion dirhams ($5.17 billion) in the first half of 2022, its vice president said on Sunday in a tweet.

Numbers of hotel guests rose 42% year on year to 12 million, and the expectations is for “a strong tourism recovery in the upcoming winter season” said Sheikh Mohammed bin Rashid al-Maktoum, who is also the UAE’s prime minister and ruler of Dubai.

($1 = 3.6727 UAE dirham)

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By Reuters