UAE Seeks to Double Domestic Tourism Spending

Sheikh Mohammed bin Rashid Al Maktoum during the launching of the UAE strategy for domestic tourism. (WAM)
Sheikh Mohammed bin Rashid Al Maktoum during the launching of the UAE strategy for domestic tourism. (WAM)
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UAE Seeks to Double Domestic Tourism Spending

Sheikh Mohammed bin Rashid Al Maktoum during the launching of the UAE strategy for domestic tourism. (WAM)
Sheikh Mohammed bin Rashid Al Maktoum during the launching of the UAE strategy for domestic tourism. (WAM)

The United Arab Emirates announced a new strategy that aims to develop an integrated tourism system to organize domestic tourism.

The strategy is part of the country’s plans to establish its position as a tourist attraction hub.

“Promoting the UAE as a single tourist destination with diverse attractions and experiences boosts the country’s tourism sector as an integral part of the national economy,” said UAE Vice President, Premier and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum during the launch of the first 45-day federal domestic tourism campaign.

The “World’s Coolest Winter” aims to invite the public to explore the hidden gems of the seven emirates. The campaign is overseen by the Ministry of Economy in collaboration with local tourism entities and supported by the UAE Government Media Office.

It seeks to highlight the major landmarks and attractions that distinguish every emirate and contribute to promoting the UAE as a single destination.

During a special event in al-Marmoom Desert Conservation Reserve, Sheikh Mohammed reviewed the goals and plans of the new domestic tourism strategy and identity.

“The UAE strategy for domestic tourism marks the beginning of unifying our efforts and coordinating our capabilities towards harnessing all of our tourism resources in the best possible mean,” Sheikh Mohammed stressed.

“Today, we are launching the first of many campaigns to develop this vital sector of our economy.”

“We launched a unified tourism identity to promote the UAE as a single tourist hub that shares the same national economy and provides equal opportunities for the country’s youth,” he explained.

Domestic tourism spending in the UAE stands at Dh41 billion, Sheikh Mohammed noted, stressing that with a solid federal collaboration and contributions of the domestic market, the figure can be doubled and new opportunities can be created for the small business industries across the country.

“Working as one team in the tourism sector will bring long-term benefits to every part of the UAE and boost our status globally as a single destination that offers rich and diverse experiences.”

Each of the seven emirates features rich tourist experiences, massive resources and cultural, archaeological and architectural treasures, he added, pointing out that the UAE aims to unify efforts to maximize returns.

He invited the private sector to take this campaign as an opportunity to bolster partnerships with the government to bring greater value and accelerate the country’s economic recovery.



Riyadh Implements More Than 8,000 Infrastructure Projects

An employee at the Riyadh Infrastructure Projects Center (SPA)
An employee at the Riyadh Infrastructure Projects Center (SPA)
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Riyadh Implements More Than 8,000 Infrastructure Projects

An employee at the Riyadh Infrastructure Projects Center (SPA)
An employee at the Riyadh Infrastructure Projects Center (SPA)

The Riyadh Infrastructure Projects Center said it coordinated and delivered more than 8,000 infrastructure projects across the Saudi capital in 2025 under a comprehensive master plan launched last year.

The center explained that the plan is built on an integrated spatial and scheduling methodology designed to unify efforts, improve planning and execution efficiency, and reduce conflicts between projects.

The approach helped cut infrastructure project delivery times by 24 percent and generated cost savings through stronger governance, reduced unnecessary road resurfacing, and fewer service disruptions.

The methodology allows projects to be managed within a single regulatory framework that links spatial planning with implementation timelines and provides a centralized source of data.

This framework supports informed decision-making and improves coordination among the energy, water, telecommunications and road sectors.

According to the center, implementation of the master plan led to the resolution of 9,550 spatial conflicts and the management of 82,627 scheduling overlaps, in addition to addressing 436 conflicts related to major public events. These measures reduced project clashes, accelerated delivery, improved operational stability, and minimized the impact of construction on traffic flow and surrounding activities.

The center said the comprehensive master plan is one of its core strategic mandates and has become a unified regulatory reference that strengthens integration among government entities and raises the level of institutional coordination.

Working with more than 22 relevant stakeholders, the center exceeded its first-year targets by 108 percent.

It added that the achievements reflect a commitment to sound regulatory practices that support the sustainability of infrastructure projects, enhance service quality, and maximize developmental impact across the Riyadh region.


Syria Opens its Energy Sector to Global Oil Majors

A man walks past oil pumps in the oil-rich city of Rmelan in Syria (Reuters)
A man walks past oil pumps in the oil-rich city of Rmelan in Syria (Reuters)
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Syria Opens its Energy Sector to Global Oil Majors

A man walks past oil pumps in the oil-rich city of Rmelan in Syria (Reuters)
A man walks past oil pumps in the oil-rich city of Rmelan in Syria (Reuters)

Syria is moving swiftly to reclaim its role as a regional energy player, as the head of the Syrian Petroleum Company, Youssef Qiblawi, outlined ambitious plans to open the country’s oil and gas sector to major international firms, including Chevron, ConocoPhillips, TotalEnergies and Eni.

In comments to The Financial Times, Qiblawi said Syria has explored less than a third of its hydrocarbon potential. He noted that trillions of cubic meters of gas remain untapped in largely untouched areas, awaiting international expertise and technology to be brought into production.

Strategic alliances and offshore exploration

Signs of a new energy map are already emerging. Chevron has signed an agreement with Qatar’s Power International Holding to begin exploration in an offshore block, with field operations expected to start within two months.

Plans extend beyond that first project. QatarEnergy and TotalEnergies are considering participation in a second offshore block, while talks are under way with Italy’s Eni over a third.

ConocoPhillips has also strengthened its presence through a previously signed memorandum of understanding, reflecting what Qiblawi described as growing confidence among global energy companies in the commercial potential of Syria’s energy sector.

The production challenge

After years of conflict, the Syrian government has reasserted control by force over oilfields in the northeast that were previously held by Kurdish forces. Qiblawi described the condition of these fields as poor, saying production has fallen from about 500,000 barrels a day to roughly 100,000.

He attributed the decline to sabotage and the use of explosives to boost short-term output at the expense of long-term reservoir health.

Qiblawi said he would offer international companies existing fields to rehabilitate, allowing them to use the revenues to fund exploration elsewhere. “That would be costly, but I will give them some pieces of cake to generate money,” he said.

Closing the technology gap

Syria is seeking to bridge a significant technical gap, particularly in deep-water exploration. While seismic surveys and preliminary mapping of potential fields have been completed, advanced technology is lacking. Talks are planned with BP in London, while the government says it remains open to cooperation with Russian and Chinese firms.

Industry estimates suggest Syria holds proven reserves of around 1.3 billion barrels of oil, alongside vast unexplored areas, especially offshore.

Separately, Reuters reported that a large consortium is preparing to launch extensive exploration and production operations in northeastern Syria.

The group includes Saudi Arabia’s TAQA alongside US energy and oilfield services companies Baker Hughes, Hunt Energy and Argent LNG.

The consortium aims to develop four to five exploration blocks in areas previously under Kurdish control, with executives framing the effort as a step toward unifying the country’s resources and delivering tangible economic gains.

Toward energy stability

With around 2,000 engineers currently assessing damage in the northeast, the Syrian government hopes to publish a full recovery timetable by the end of February.

Officials at the Syrian Petroleum Company say they are optimistic that gas production can be doubled to 14 million cubic meters a day by the end of 2026, supported by renewed regional investment led by Saudi and US firms in energy and infrastructure projects.


TotalEnergies Tells Trump ‘Too Expensive’ to Reinvest in Venezuela

FILE PHOTO: A logo of French oil and gas company TotalEnergies is seen on the eve of the opening of the 2025 Paris International Agriculture Fair (Salon International de l'Agriculture) at the Porte de Versailles exhibition center in Paris, France, February 21, 2025. REUTERS/Sarah Meyssonnier/File Photo
FILE PHOTO: A logo of French oil and gas company TotalEnergies is seen on the eve of the opening of the 2025 Paris International Agriculture Fair (Salon International de l'Agriculture) at the Porte de Versailles exhibition center in Paris, France, February 21, 2025. REUTERS/Sarah Meyssonnier/File Photo
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TotalEnergies Tells Trump ‘Too Expensive’ to Reinvest in Venezuela

FILE PHOTO: A logo of French oil and gas company TotalEnergies is seen on the eve of the opening of the 2025 Paris International Agriculture Fair (Salon International de l'Agriculture) at the Porte de Versailles exhibition center in Paris, France, February 21, 2025. REUTERS/Sarah Meyssonnier/File Photo
FILE PHOTO: A logo of French oil and gas company TotalEnergies is seen on the eve of the opening of the 2025 Paris International Agriculture Fair (Salon International de l'Agriculture) at the Porte de Versailles exhibition center in Paris, France, February 21, 2025. REUTERS/Sarah Meyssonnier/File Photo

The CEO of French oil major TotalEnergies said it was “too expensive and too polluting” to return to Venezuela, despite calls from US President Donald Trump for oil giants to invest billions in the country.

The company quit Venezuela in 2022 but the Trump administration has urged oil majors to return since the US military operation to capture the country’s president, Nicolás Maduro, on Jan. 3.

Speaking on Wednesday, TotalEnergies CEO Patrick Pouyanné told reporters the company quit the country “because it clashed with our strategy. It was too expensive and too polluting and that is still the case,” according to Reuters.

The Trump administration has called on US energy giants to invest $100 billion to rebuild Venezuela’s oil industry.

Trump has pledged to support American oil companies that invest in Venezuela with government security assistance, saying last month that energy firms previously had problems “because they didn’t have Trump as a president.”

Venezuela boasts the world’s largest oil reserves but some US oil firms have expressed caution about rushing to re-enter — including Exxon Mobil.

Exxon CEO Darren Woods recently made headlines for saying at a White House meeting with Trump that the Venezuelan market is “uninvestable” in its current state.
Trump subsequently lashed out at Woods, threatening to sideline the oil giant and accusing the company of “playing too cute.”

Infrastructure Constraints
TotalEnergies started operating in Venezuela in the 1990s. Its departure followed a strategic shift away from heavy and high-sulfur crude and amid safety concerns.

Pouyanné has previously said that Venezuela is not high on the firm’s agenda.

TotalEnergies on Wednesday reported a slight drop in fourth-quarter profit and reduced share buybacks amid a weaker crude price environment.

Shares of the Paris-listed company rose nearly 2% during morning deals, notching a new 52-week high.