Travel & Hospitality

FEATURED REPORT...
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: July 25, 2014
INTERNATIONAL. Investigators at the scene of the crash had concluded the airliner broke apart when it hit the ground, suggesting it was unlikely to have been the victim of an attack.
Posted: July 24, 2014
ALGERIA. "I can confirm that it has crashed," an Algerian official said, declining to give any details about what had happened to the aircraft on its way north.
Posted: July 24, 2014
INTERNATIONAL. Malaysia Airlines was a clearly identified commercial jet. And it was shot down-in complete violation of international laws, standards and conventions.
Posted: July 24, 2014
UAE. Overall group revenue up 14% year-on-year to AED 12.8 billion for H1 2014; Successful opening of the Mall of the Emirates Fashion District; Issued its first 10 year US$$500 million bond.
Posted: July 23, 2014
UAE. Colliers' Capital Flows Quarterly Report highlights Middle East investors' appetite for alternative product including hotels and serviced apartments.
Posted: July 21, 2014
UAE. Tim Clark, president of Dubai's Emirates, said domestic regulators worldwide may decide to be more involved in giving their carriers guidance on where it is safe to fly.
Posted: July 17, 2014
UAE. The deals with RSP Architects, Planners and Engineers are worth AED46 million (US$12.5 million); Tenders for the construction of both projects are expected to be released before the end of 2014.
Posted: July 17, 2014
INTERNATIONAL. Order includes purchase rights commitment for 50 additional 777Xs; Airline also announces intent to order four 777 Freighters, options for another four.
Posted: July 16, 2014
UAE. The new GE9X engines will power Emirates' record 150 Boeing 777X aircraft order.
Posted: July 15, 2014
LIBYA. 90% of the planes parked at the airport were destroyed, says spokesman; The government has studied the possibility to bring international forces to enhance security.
Posted: July 14, 2014
INTERNATIONAL. Qatar Airways displays three aircraft at the Show - the A350 (Global Launch Customer), A320 and the Boeing 787 Dreamliner.
Posted: July 14, 2014
UAE. Dubai developer signs agreement with UNEC and Actco; Construction is expected to begin soon.
Posted: July 14, 2014
UAE. The industry will see a slowdown in the summer months, however EY report remains positive and predicts strong growth through the rest of 2014.
Posted: July 11, 2014
INTERNATIONAL. 20-year Current Market Outlook reflects 4.2% increase in demand, led by Asia-Pacific market, including China; Single-aisle airplane segment is fastest growing.
Posted: July 10, 2014
UAE. World's largest 777 operator builds on airplane's success; Record-breaking order includes combination of 777-8X, 777-9X; Deal includes purchase rights for an additional 50 airplanes.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 28, 2014
SAUDI ARABIA. The Saudi Arabian index is the region's most diverse capital market due to its size and maturity; Jadwa Investment views the opening up of the Tadawul as an overall positive but believes a cautious and considered path to reform is the best way forward, much like the Chinese example.
date:Posted: August 28, 2014
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
date:Posted: August 28, 2014
UAE. The Saudi equity market index hits a 6 year high; Fed Chief Yellen's commentary at Jackson Hole summit seen as constructive; India in a sweet spot for emerging market debt investors.
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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