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Global Investment House (Global) has said the UAE is better positioned to capture more tourist arrivals than Saudi Arabia and Kuwait, Times of Oman has reported. The UAE’s investments in tourism and travel related infrastructure have consistently outpaced its two regional peers over the past ten years, Global said. The percentage of tourism and travel capital investment to overall economy capital investment averaged 21% for the UAE between 2007 and 2011, compared with a regional average of 7.1% and a low of 4.6% for Saudi Arabia and 3.3% for Kuwait, the report said.
