Search Results for: "dubai"

Aluminium Bahrain CEO Optimistic About $2.5bn Expansion Approval In 2015

The plan will make Alba the largest single-site aluminium smelter in the world.

Emirates Adds Third Daily Flight To Beirut

The additional service will increase Emirates’ total number of weekly flights serving Lebanon to 21.

Saudi’s Alkhabeer Capital Targets Islamic Endowment Business

The firm has launched an advisory service for structuring and managing the assets of the Islamic charitable foundations known as awqaf.

Sales At Kingdom Tower, Set To Be World’s New Tallest Building, To Start In 2015

Once completed in 2018, the $1.2 billion Kingdom Tower will be over one kilometre high.

Will Gulf Carriers Triumph Over US Airlines In The Subsidy Row?

Dto Gulf airlines really get unfair assistance from their governments, or are US carriers looking to stifle the competition?

Have Saudis Succeeded In Maintaining Their Oil Market Share?

Figures from Asia’s top three importers show that the Kingdom is more or less holding its ground in market share, writes Reuters’ columnist Clyde Russell.

Abu Dhabi’s Property Market: Stable And Slowing

The emirate’s real estate is expected to stabilise this year, but the negative impact of lower oil prices could be felt in the longer term.

Gulf Countries Scramble To Generate More Power As Consumption Surges

The new oil paradigm and what it means for GCC’s power generation sector.

Phone Review: HTC One M9

The M9 is a good-looking phone that can compete with the very best in interface.

Former Emirates Vice Chairman, Sir Maurice Flanagan, Passes Away

A founding member of the Emirates group, Flanagan passed away at his home in the UK.

Low Oil Prices, Weak Euro Impact Middle East Hotel Revenues

The decline in the number of tourists, especially from Russia, has pushed down the revenue per available room across the hotels in the Middle East.

Emirates Airline 2014 Net Profit Jumps 40% On Lower Oil Price

The airline’s Chairman and CEO Sheikh Ahmed bin Saeed al-Maktoum said lower oil prices had saved Emirates around Dhs2 billion during the financial year.

Will Low Oil Prices Impact Middle East Hotels’ Performance?

CBRE Middle East’s Associate Director Phil Rist talks about the impact of oil price volatility on Middle East’s hotels.

UAE Reveals Details About Its Mars Mission

The unmanned probe, named Hope, will collect data that will help scientists learn about the atmosphere in Mars.

Starwood To Double Its Middle East Portfolio In 5 Years

The group’s mid-market brands represent nearly 50 per cent of the company’s pipeline in the region.

Qatar Airways Eyes Stake In India’s IndiGo, Warns Airbus On A380neo

The airline chief said that Indigo would be Qatar Airways’ preferred choice if it wanted to invest in India.

UAE’s ADNOC Adds Upper Zakum Crude Delivery Point As Output Grows

The OPEC producer began storing the medium-sour crude onboard Aframax tanker Abu Dhabi III in mid-April, the sources said.

Qatar Airways’ Al Baker Says Will Need Two Years To Rebutt “Fictitious” Subsidy Claims

The airline chief also denied that its recent US route expansion was part of a reprisal to American carriers calling for a freeze to flights by Gulf airlines to the US.

SALIC-Bunge JV To Compete In Saudi Wheat Tenders

The tenders attract major traders including Louis Dreyfus, Noble, Glencore and ADM.

Jordan Q1 Tourism Income Falls 11.9% As Westerners Stay Away

Jordan shares frontiers with Iraq and Syria, where ISIL has seized swathes of territory.

Emirates Vows “Sledgehammer” Reply To Subsidy Allegations

Three American airlines alleged in January that Emirates, Etihad Airways and Qatar Airways received more $40 billion in state subsidies in the last decade.

Abu Dhabi Fluorides Plant Eyes Demand From Gulf Aluminium Smelters

Commercial production has begun at the 1.5 billion dirham ($410 million) newly-built facility.

Officials Call For Open Skies Policy, Single GCC Visa To Improve Regional Tourism

With parts of Middle East in turmoil, industry officials look optimistically at intra-regional tourism.

India To Sign Port Deal With Iran, Ignoring US Warnings

India and Iran agreed in 2003 to develop a port at Chabahar on the Gulf of Oman, but the venture has made little progress because of Western sanctions on Iran.

Egypt To Attract 20% More Tourists This Year – Minister

About 2.15 million tourists visited the country in the first quarter, up 6.9 per cent from a year ago.

Saudi-Led Alliance Mulls Humanitarian Truce In Yemen

The Dubai-based channel also quoted Adel al-Jubeir as warning Yemen’s dominant Houthi group against exploiting any truce in the country in its favour.

Hyatt To Launch New Brands In GCC, Expand Presence

At least nine new Hyatt-branded hotels are expected to open across the GCC by 2017A

IHG Wins Big At Business Traveller ME Awards 2015

IHG was named the the Best Hotel Brand Worldwide at the Business Traveller Middle East Awards 2015.

Emirates: Working On “Point-By-Point” Rebuttal Of US Carriers Subsidy Report

The airline’s president Tim Clark states that its success is making Emirates a “scapegoat.”

Airliner Diverted To UAE Airbase After Blast Warning

The state news agency said that the authorities resolved the situation using “appropriate standard procedures” after landing at the base.