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
SAUDI ARABIA. The consolidated net income for twelve months ended December 31, 2013 was US$198 million, compared to the net income of US$188.5 million for the same period in 2012, representing an increase of 5.0%.
The agreement will see Etihad Airways place its "EY" code on JetBlue-operated flights, initially facilitating connections between the two airlines at New York's John F. Kennedy International Airport (JFK) and Washington's Dulles International Airport (IAD).
UAE. The passage of the draft Law through the FNC (which is an elected form of Parliamentary advisory body) is a key stage in the legislative process and it brings the draft Law one step closer to being enacted.
INTERNATIONAL. New Atlantic Council issue brief contends that the US has repeatedly failed to realize its goal of a political transition in Syria because of its narrow focus on summits and high-level diplomacy as the sole means of ending the conflict.
INTERNATIONAL. Syria will miss a major deadline next week in the program to destroy its chemical weapons production facilities, sources at the Organisation for the Prohibition of Chemical Weapons said.
INTERNATIONAL. A catastrophic disaster can - and will - happen again if the lessons of Macondo and other similar incidents are not learned and shared routinely; Change required to prevent future disasters, industry warned.
INTERNATIONAL. The Energy Information Agency has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70 billion cubic feet a day and is expected to reach over 100 billion cubic feet per day by 2040.