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Dubai remains top destination for GTA
DUBAI, United Arab Emirates – Kuoni’s Global Travel Distribution arm, GTA announced today at Arabian Travel Market (ATM) that its Strategic Partnership Program (SPP) for destination Dubai has driven room-night growth of +41% Year-on-Year Read More...
Duetto Opens Office in Dubai, Names Hisham Diab Director of Sales for the Middle East and Africa
Duetto, the market leader in hotel and casino profit optimization technology, announced that it has opened a new office in Dubai and appointed Hisham Diab as Director of Sales for the Middle East andAfrica. ThRead More...
Starbucks opens its first South African store
BY 7.30am on Thursday, when the world’s largest coffee company, Starbucks, opened its first store in South Africa, the throng of fans who had been lining up from the night before were desperately in need of a cuppa.   Coffee consumption Read More...
Waldorf Astoria to open in Dubai's DIFC next year
Hilton Worldwide has inked a management agreement with Dubai-based Ward Holdings to open a Waldorf Astoria hotel in the Dubai International Financial Centre (DIFC).  The Waldorf Astoria DIFC, located on Al Saada Street, is expected to begin welRead More...
Team named for Westin Dubai, Al Habtoor City
The management team for The Westin Dubai, Al Habtoor City has been announced as the hotel ramps up to open doors this summer. The Westin Dubai will be the largest Westin hotel in Europe, Africa and the Middle East, standing 41 storeys tall on SheikhRead More...
17,000 Emirati job seekers to attend Dubai career event
More than 17,000 Emirati job seekers will tap into thousands of new employment avenues at the 16th edition of Careers UAE, the country’s leading recruitment, training and education exhibition for UAE nationals, next month, in Dubai, UAE. The eRead More...
Azizi to launch first serviced residences project in Dubai
UAE-based Azizi Developments will mark its entry into Dubai’s booming hospitality sector with the launch of its first serviced residences project, Candace, at Al Furjan next year. The Dh460 million ($125.2 million) project will witnessRead More...
Dubai Islamic Bank to start business in Kenya
Dubai Islamic Bank plans to start operating in Kenya before the end of the year, despite the Central Bank of Kenya's moratorium on issuing new banking licences, according to sources familiar with the matter.   The largest Islamic bank in the URead More...
Egyptian developer Al-Ahly 'to enter Saudi market this year'
Egyptian property developer Al-Ahly for Real Estate Development is studying the possibility of launching several housing projects in Saudi Arabia by the end of the year, its chairman Hussein Sabbour told news agency Amwal Al Ghad.  The move wouRead More...
Cayan launches $266m project in Saudi Arabia
Cayan Group, the Gulf-based real estate developer, has announced the launch of its Samaya project in north-western Riyadh, Saudi Arabia, having obtained the necessary permits. Spread over 1 million sqm, the $266 million project is a residential destRead More...
UAE's first happiness bank account from Mashreq to boost index
Why can't banking be fun in the country that makes happiness the national goal? A bank account to increase the nation's happiness? Possible. Reflecting its ongoing commitment to introducing customer-centric financial solutions and unique banking expeRead More...
Exhaust all means to foster growth, says IMF
Financial leaders from the Group of 20 major economies scrambled on Friday for a way to keep global growth from stalling amid concerns about a drop-off in international trade and the waning effectiveness of loose monetary policy.   The G20 gatRead More...
Dubai's International Humanitarian City appoints new CEO
Dubai's International Humanitarian City (IHC), the world’s largest logistics hub for humanitarian aid, has announced the appointment of Moosa Al Hashemi as its new CEO.   Al Hashemi has previously held senior positions at Expo 2020 DubaiRead More...
Jafza holds roadshows in 3 Indian cities
Dubai: Jebel Ali Free Zone Authority (Jafza), the flagship free zone entity of Dubai and the trade and logistics hub for the wider Middle East region, has registered an additional 60 Indian companies in 2015 from key sectors, including electronics Read More...
Mena energy investments to surge 19pc to $900b in 5 years
Total committed and planned energy investments in the Mena region, including Iran, will reach $900 billion over the next five years, according to a new report published by the Arab Petroleum Investments Corporation.   APICORP, a multilateral dRead More...
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