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 US$169.5 million settlement allows Kleindienst to continue with its planned development, ending the need for the involvement of the Dubai World Tribunal.
IRAQ. Iraq Airport Show will provide an insight about US$150 billion worth of Airports, Aviation & Logistics infrastructure projects currently underway in Iraq.
QATAR. Airline's Chief Executive Officer Akbar Al Baker on board first flight from Doha to Dubai, after a worldwide grounding of the aircraft in January.
UAE. Until now, individual investors have been largely excluded from Dubai's hospitality market, where the vast majority of rooms and serviced apartments are owned by private funds and hotel operators.
SAUDI ARABIA. Growing KSA portfolio offers credible base for regional market expansion as Frontel for Hospitality targets new opportunities in the region.
UAE. Fuel made from Iranian oil is legally powering thousands of flights a year out of Dubai's booming airport, despite U.S. pressure on buyers to shun Tehran's petroleum exports.
INTERNATIONAL. Regulators on Friday approved a revamped battery system for Boeing Co's 787 Dreamliner, a crucial step in returning the high-tech jet to service after it was grounded in January.
UAE. Guests are able to purchase a ticket, check-in for a flight, drop off baggage and board an Etihad Express luxury coach bound for Abu Dhabi International Airport.
INTERNATIONAL. Oil exporters maintain healthy non-oil growth, oil importers see moderate recovery; Transition countries need resolute actions to maintain economic stability and promote inclusive growth.
INTERNATIONAL. A currency war is different from any other kind of conventional war in that the object is to kill oneself. The nation that succeeds in inflicting the most damage on its own citizens wins the war. The only real way to win is not to play.
UAE. Stock market indices racing ahead but GDP figures do not support the euphoria and commodity outflows fuel the rally; Is there too much liquidity in the banking system?
INTERNATIONAL. Oil exporters maintain healthy non-oil growth, oil importers see moderate recovery; Transition countries need resolute actions to maintain economic stability and promote inclusive growth.
UAE. The joint venture between Arabtec Saudi Arabia and Greece's Terna has been awarded a contract by Aldara Medical Corporation to build Aldara Hospital and Medical Center, a 105-bed hospital in Riyadh.
UAE. The joint venture between Arabtec Saudi Arabia and Greece's Terna has been awarded a contract by Aldara Medical Corporation to build Aldara Hospital and Medical Center, a 105-bed hospital in Riyadh.
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.
UAE. "There is a substantial amount of debt that is coming due in the next few years, and it will be important to manage pro-actively that process. Information and communication with potential market participants will be a key part of this."
RSS feeds deliver regularly updated web content to your browser. You subscribe to feeds using a feed reader which allows you to group all of your feeds in one place. For more on RSS feeds click here