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
UAE. The Solar Impulse team used the opportunity to conduct community engagement activities with thousands of local students and members of the public, demonstrating how innovation and clean technology contribute to a cleaner, more sustainable future.
SAUDI ARABIA. "There was information about a possible act targeting a mall or Aramco installations. We passed this information to the security forces to be on alert," Interior Ministry spokesman Mansour Turki said.
UAE. "If our growth is curtailed or our investments in airlines are compromised, the real damage will be to Europe in lost jobs, lost flight connectivity, lost investment in local and national economies and lost consumer choice."
UAE. Family travel, technological innovation and UNWTO tourism ministers' forum, headline this year's event; An additional exhibition hall, 2,700 exhibiting companies representing 86 countries, including 70 country pavilions.
UAE. "The dark clouds of protectionism" gathering over the air travel industry in Europe and the U.S. pose a significant threat to the millions of travellers who have benefitted from new choice in the market, said James Hogan, in a keynote speech in London.
SAUDI ARABIA. Frost & Sullivan estimates Saudi Arabia will have a 4% weight in the Morgan Stanley Capital International emerging market index. This implies hundreds of billions of dollars would flow into investments.
UAE. Hareb Al Darmaki, Executive Direcor Abu Dhabi Investment Authority, named as member of the Advisory Council; The Institute funds cutting edge research and fosters high level discussion aimed at better meeting the investment challenge.
UAE. In a speech to the Dubai Global Convention on Leadership for Business Excellence and Innovation, Andrew Ratcliffe expressed to government officials and business leaders that companies should rethink how they behave if they want long-term success.