Abu Dhabi Tourism Projects Under Review

The growing credit crunch has compelled

Abu Dhabi to review its tourism projects. Lee Tabler,chief executive of government-owned Tourism Development & Investment Co(TDIC), told reporters on Sunday, November 9, that they were reprioritising some of their major projects, especially those that have not been announced owing to the fact that the debt markets cannot be tapped for the next six months. She however maintained that the Guggenheim and Louvre museums will be coming to the emirate.

Abu Dhabi, an oil producing emirate isdeveloping its tourism industry in an effort to reduce the economy’s dependenceon oil.