Travel & Hospitality

Posted: 11-07-2011
UAE. Cluttons, the real estate specialist that has enjoyed a dedicated Middle Eastern presence since 1976, today announces its market report for Dubai’s Hospitality sector in Q2 2011. According to the report, Dubai’s hotel sector has benefited from the Emirate’s political stability within the Middle East region, with strong performance in occupancy levels and length of stay. With a total of 8.3 million visitors(1) in 2010, Dubai is still proving to be a popular and an attractive destination among tourists and visitors. Overall hotel occupancy in Q1 2011, peak-season for Dubai, av
Posted: September 19, 2014
UAE. Emirate's long-term tourism plans & economic growth seen as key catalysts; Start-ups and the Small, Micro and Medium Enterprises (SMMEs) are most likely to be the biggest beneficiaries.
Posted: September 17, 2014
QATAR. Carrier to depart Thursday From Hamburg's Airbus factory bound for Doha with its first super-jumbo; Qatar Airways to receive Four Airbus A380s in total before year end.
Posted: September 14, 2014
UAE. Deloitte survey: "Brand loyalty is becoming more challenging for Middle East hoteliers in this market and meeting the needs of the various travel groupings is becoming vital in winning the loyalty battle."
Posted: September 13, 2014
UAE. Key international business events and communications specialists gather in Dubai.
Posted: September 8, 2014
UAE. Phase 1 to feature three theme parks, themed family hotel, retail and dining district; Slated to open in 2016.
Posted: September 8, 2014
UAE. Al Gergawi: "Solid earnings highlight the strength of our financial position and the success of our strategy; We continue to invest in the sectors vital to Dubai's economic development.
Posted: September 7, 2014
UAE. The real estate sector is expected to emerge as one of the principal beneficiaries of the development of Al Maktoum International Airport, according to Cluttons.
Posted: September 5, 2014
OMAN. Announces Phase 2 of the mall's ongoing redevelopment; More than 10,000sqm -60 new shopping and dining concepts including debut flagship stores; Development to begin late-2014 for a 2015 completion date.
Posted: September 3, 2014
UAE. Locks in the value on half of its AerCap shareholding at US$42.39 per share, higher than its carrying value, with full participation in future upside up to a cap of US$61.23 per share.
Posted: September 3, 2014
UAE. IBTM Arabia is the new name spearheading a transformation of the former annual GIBTM show.
Posted: September 2, 2014
UAE. The top ten most influential brands headquartered in the UAE based on engagement among LinkedIn's membership of 313 million professionals; Leading UAE airlines are the top two brands, Etihad Airways tops ranking.
Posted: September 2, 2014
UAE. "Our challenge is to manage this growth whilst at the same time ensuring that standards of service, safety and security remain consistently high, helping us achieve our goal to become the world's leading airports group".
Posted: September 2, 2014
UAE. The 2 day Summit will focus on strategies, opportunities and the challenges affecting the aviation industry in Africa.
Posted: September 1, 2014
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
Posted: September 1, 2014
UAE. Alpha Tours bullish about industry prospects amidst government initiatives, mega attractions and anticipation of Expo 2020.


date:Posted: September 18, 2014
INTERNATIONAL. We have entered a new chapter in the history of central banking. This paradigm shift changes the policy tools that have traditionally defined the sphere of macroeconomic decision-making; We have built an economy that is now so leveraged that it needs zero percent interest rates just to tread water.
date:Posted: September 18, 2014
INTERNATIONAL. World Bank report spells out the repercussions of the political uncertainty and restrictions on movement and access and recommends remedial actions by all parties.
date:Posted: September 18, 2014
EGYPT. Qalaa Holdings' Hisham El-Khazindar discusses Egypt's economic prospects at Euromoney Conference.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.