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 10, 2014
UAE. Network grows to 107 passenger and cargo destinations; New services will increase coverage in Europe, Asia and Africa; First non-stop flight launched between Abu Dhabi and Brisbane.
Posted: July 9, 2014
UAE. Dubai developper announces a net profit increase of 54% compared to the same period in 2013 on strong revenue from property development together with improving performance in Nakheel's retail, leasing and leisure businesses.
Posted: July 9, 2014
UAE. Emirate will receive nearly 12 million international overnight visitors in 2014, making it the highest ranked city in this category, according to MasterCard Global Destination City Index
Posted: July 9, 2014
UAE. Commercial aerospace may be reaching its peak as the "war on costs" continues in defence and new players and technologies enter the industry; Sector driven by continued expansion of Middle East-based carriers which are increasing their scale and scope through massive fleet orders.
Posted: July 8, 2014
SAUDI ARABIA. Citadines Sari Jeddah and Somerset Corniche Jeddah to open in 2015 and 2016 respectively
Posted: July 7, 2014
UAE. The unveiling of The Mall of the World will form part of a strengthening mall development pipeline. "I see this as Dubai's answer to London's Oxford Street and Paris' Champs Elysee."
Posted: July 6, 2014
UAE. Temperature-controlled pedestrian city; Project to develop the world's largest mall, largest indoor park, cultural theatres and wellness resorts with a capacity to host over 180 million visitors annually.
Posted: July 6, 2014
UAE. As part of the partnership, the airline will benefit from a comprehensive range of commercial rights which will include access to England players for promotional appearances, advertising, tickets and hospitality packages.
Posted: July 4, 2014
UAE. James Hogan urged Europe's governments and airlines to embrace external investment to help strengthen the aviation sector.
Posted: July 3, 2014
INTERNATIONAL. U.S. officials cited concerns al Qaeda operatives in Syria and Yemen were developing bombs that could be smuggled onto planes.
Posted: July 2, 2014
INTERNATIONAL. The Ramadan effect can be seen particularly at luxury and upscale properties in Paris and on the French Riviera that are the predilection of Middle Eastern clientele.
Posted: July 2, 2014
UAE. Renewed industry confidence seeslargest ever editions of "The Big 5", "Middle East Concrete" and "PMV Live" this year.
Posted: July 1, 2014
OMAN. The property consultancy's Muscat Spring 2014 Commercial Market Outlook report indicates a shortage of mid-range hotels to cater for Oman's growing tourism market.
Posted: July 1, 2014
UAE. Exclusive executive terminal creates a full service private aviation hub serving Sharjah, Dubai and the Northern Emirates.
Posted: July 1, 2014
JORDAN. Ibrahim Muasher and his partners have created a concept café that roasts fresh coffee beans on the premises every week, the first of its kind in Jordan.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 31, 2014
UAE. Rotate into high-yield bonds which offer better value; Large IPOs could drain money out of stock markets and raise volatility ahead, says Emirates NBD investment chief.
date:Posted: July 31, 2014
INTERNATIONAL. One aspect of this war is that both sides apparently found it necessary, despite knowing it would have no definitive military outcome. The question therefore is not what the point of all this is but where all this ends.
date:Posted: July 31, 2014
UAE. Indonesia should lead the way in ASEAN markets over the next year; The best performing markets in the second quarter were Thailand and the Philippines; Health care strongest sector in ASEAN in Q2.
INTERNATIONAL. Israel mobilised 16,000 additional reservists Thursday to bolster forces fighting in Gaza as Washington gave its ally the go-ahead to raid stocks of emergency US weapons stored on Israeli soil.
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
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