Archive for September, 2011

Germany successfully engages GCC countries in health related tourism

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A road show highlights in the Arabian Gulf the outstanding quality of wellness and medical travel to Germany
After last year’s successful promotional tour “Dallal fi Almania” (“Feel Good in Germany”), the German National Tourist Office (GNTO), the local affiliate of the German National Tourist Board (GNTB) in Dubai, addressed the GCC travel industry and media with a road show, which, in 2011 is particularly focussing on wellness and medical tourism. The final stop of the road show concluded on 27th of this month in Dubai and involved a series of workshops held by institutional, medical and tourism representatives as well as specialised doctors, coming from Germany.

The staged activities included discussions, exchanges as well as one-to-one workshop sessions, which also provided extensive networking opportunities to the participants. The road show, organized in partnership with Lufthansa, finds its grounds in a GNTB’s recent study, confirming that wellness, health and medical tourism places Germany among the favourite destinations of GCC and other international travellers. Given the increasing relevance of the health and wellness sector for Germany’s tourism, the GNTB also decided to dedicate an important part of its 2011 marketing campaign to this theme.

Having registered in 2010 a total number of 968,336 overnight stays from Gulf Arabs, which marked an impressive increase of 26.4% as compared to the data of previous year, the key importance of the Arabian Gulf market for the German tourist industry is fully consolidated. Germany places itself as the second most visited European country out of the Arabian Gulf region.

Excellent flight connections, high-quality infrastructures and hospitality services specifically targeted to visitors coming from GCC countries, have built up over the years Germany’s reputation as preferred destination for inbound tourism from the Arabian Gulf. GNTO always aims at further strengthening the international reputation of the German vibrant towns and cities, which are a mix of cultural richness and an eventful life. Nevertheless, also the diversified natural scenery, the abundance of greenery and the several shopping opportunities are particularly important when presenting in this region the main features of tourism to Germany.

“With this itinerant promotional tool, we aimed at combining and highlighting in the Arabian Gulf the traditional as well as the innovative pillars of the German travel industry” said Antje Roeding-Boudier, Director of the Marketing and Sales Office for the Gulf Countries at GNTO. “Germany’s healthcare system benefits from its unrivalled reputation abroad, thanks to its highly trained doctors and medical staff, the excellent medical infrastructure and the great offer in diagnostics” she explained.

The workshops showcased to the local travel industry, media, as well as medical experts and doctors initiatives aimed at becoming further acquainted with the needs of visitors from GCC countries, constantly growing in number. During the road show, Germany’s representatives, including many medical specialists, provided pertinent information about their respective areas, with the aim of engaging the travel industry from the Arabian Gulf countries. The dialogue between the German participants and their audience resulted in great enthusiasm on both sides and confirmed the effectiveness of the road show as strategic promotional tool.

GNTO has embarked on a strategy of engaging the GCC travel industry directly in the region through various activities. Therefore, continuous efforts to boost the positive image of Germany as an attractive destination for wellness, health and medical tourism have been staged at the most important trade fairs and workshops worldwide such as the Arabian Travel Market (ATM), taking place in Dubai every year.

In order to ensure the utmost service to its GCC visitors, the GNTB focused on producing specialised informative material in Arabic. This involved especially the realisation in the Arabic version of a print brochure entitled ‘Medical tourism – You’ll be well looked after in Germany’ which provides information for international patients as well as on traditional touristic highlights. Moreover, a special page, available both in English and Arabic and dedicated to health related tourism in Germany, can be found at the GNTB newly designed website www.germany.travel, under the section ‘Specials’.

-Ends-

About Germany:
Germany is located in the centre of Europe and the territory covers 357,021 sq km with elevation ranges from the mountains of the Alps in the south to the shores of the North Sea in the north-west and the Baltic Sea in the north-east. It has some of Europe’s major rivers like the Rhine, Danube and Elbe. Germany shares borders with more European countries than any other country on the continent. Its neighbours include France, the Czech Republic, Austria, Switzerland, Belgium, Luxembourg, the Netherlands, Denmark and Poland.

About the German National Tourist Board (GNTB):
The German National Tourist Board (GNTB), based in Frankfurt-Germany, works on behalf of the Federal Ministry of Economy and Technology and is the national organisation responsible for promoting Germany as travel destination around the world through a broad range of marketing services. It has 29 permanent foreign offices. The GNTB pursues two main objectives: to enhance the positive image of German towns, cities regions and to promote travel to and within Germany.

From its office in Dubai, the German National Tourist Office (GNTO), the local affiliate of GNTB for the Gulf Cooperation Council (GCC) countries, promotes through various activities the travel destination Germany within the region. In 2010 around 970,000 overnight stays were generated by GCC nationals in Germany, and the Gulf Countries are among the Top 20 source markets of the country. For 2020, the GNTB forecasts 2.3 millions overnight stays of GCC nationals in Germany.

For further information on the travel destination Germany and the German National Tourist Board, please visit: www.germany.travel

Issued on behalf of The German National Tourist Office by bridge:media FZ-LLC, Dubai Media City. For further information, please contact Hunadah Al Hariri on:
Tel: (+9714) 375 43 35
Fax: (+9714) 375 45 00
Email: hh@bridge-media.com
Web: http://www.bridge-media.com

© Press Release 2011

Be the first to comment - What do you think?  Posted by admin - September 30, 2011 at 4:20 pm

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Dubai’s new hotel rating system to acknowledge budget boom

By Jamie Knights

Although DTCM says its new classification system will include budget categories, it is also quick to emphasise that Dubai remains very much a luxury destination. However, others would argue that budget travellers have been an integral part of the emirate’s hospitality sector for a long time.

Managing partner at Viability Management Consultants, Guy Wilkinson, said the “vast majority” of Dubai’s hotels already fall into the budget category. “They may not be the most high profile properties, but they are the ones that underpin the hotel sector,” he told AMEInfo.com. “Literally millions of tourists already come to Dubai each year to stay in cheap non-branded properties.”

Throughout the year the DTCM has been releasing information as to the type of classification that will be put in place, having benchmarked systems in Australia, Spain, South Africa and the US.

The body has spent the last three years seeking stakeholder feedback and has used committees to formulate the new classification. Majid Al Marri, director DTCM – hotel classifications, has long been a proponent of benchmarking – a strategy Wilkinson agreed with.

“I believe the DTCM has always striven to benchmark against top international destinations,” he said. “I know the current classification system was based on extensive research into international best practice. However, it’s good that the categories will be extended to include the more modest types of lodging.”

New categories for budget hotels

Under the new ratings, five-star hotels will have three categories – Platinum, Gold and Silver. The criteria for other hotels categories, ranging from four- to one-star properties, have also been overhauled.

Hotel apartments will now be rated in three categories (Basic, Standard and Deluxe) instead of two. A Youth-Hostel category has also been created, described in the official classification as “a budget-orientated, social guest accommodation”.

Added to this will be a Student Campus category, accommodation that falls under the description of “student dormitories or bedrooms rented (sometimes with meals) to tourists or the general public by a college or university”.

But will this new acceptance and acknowledgment of the budget and alternative lodging sectors tarnish Dubai’s image as a ‘luxury destination’? Wilkinson doesn’t think so. “I can’t imagine that any real changes will result from simply identifying certain types of budget hotel,” he said.

“Dubai needs youth hostels like any other city. Self-catering accommodation has always existed in Dubai and many of the city’s almost 20,000 hotel apartments do so. I think this category will be aimed at formalising procedures when home owners want to rent out their flats or villas to tourists.”

Concerns about Dubai’s luxury reputation

General manager of Dubai Travel and Tour Agents Group (DTTAG) and managing partner of Gulfreps, Leo Fewtrell, concurred with Wilkinson, stating the new classification system “wouldn’t necessarily help nor hinder” the emirate in promoting the region. “Dubai has positioned itself really well over the years and spent big money promoting itself through DTCM, Emirates Airline, Dubai Duty Free etc.,” he said.

However, Fewtrell voiced concerns about the focus on budget accommodation as he believed it “would attract an even more bargain basement type of tourist to Dubai”.

“Goodness knows how standards have slipped over the years already,” he claimed. “However, if the criteria is to catch as many tourists as possible from any and all categories, then it may well be successful in the short term for Dubai. I would hate to see areas such as Hatta and pristine desert areas covered in tented accommodation and porta-loos.”

But Fewtrell added that Dubai had changed as any dynamic destination should. “Is Dubai still considered a luxury destination? Certainly at the top end of five-star plus brands it is, but now with more economy hotels being serviced by more budget airlines it is attracting more budget conscious tourists, many who are here looking for cheap shopping and many who are looking for a more guaranteed year-round suntan,” he said.

Despite the need to acknowledge new lodging sectors within Dubai, some have argued, including Fewtrell, that a single UAE system would be beneficial. Wilkinson believed the emirates’ semi-autonomy under the rules of the federation would likely see a continuation of the current emirate-specific tourism boards for some years yet.

“However, I understand that a federal tourism promotion body has already been created and inevitably it will come to be the dominant force in the sector at some point in the future,” he added.

Be the first to comment - What do you think?  Posted by admin - September 29, 2011 at 4:17 pm

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Princess Haya to steer revamp of Dubai Healthcare City

HRH Princess Haya Bint Al Hussein is set to lead an overhaul of Dubai Healthcare City in a bid to steer attract fresh healthcare brands to the free zone and capture a slice of the lucrative medical tourism market.

Princess Haya, the wife of Dubai’s ruler, will oversee a restructuring aimed at shifting DHCC’s focus away from real estate and back to healthcare, her office said in an emailed statement.

The revamp will ensure “real estate would be a component that complements [DHCC’s] sustainability, but is never at the heart of its operation,” the statement said.

All existing projects in the development are under evaluation, and DHCC is in talks with a number of medical institutions to bring the project in line with its new focus, the statement said.


Princess Haya will report directly to HH Sheikh Mohammed Bin Rashid Al-Maktoum.


DHCC was launched in 2002, in a bid to stem the tide of local patients seeking medical care abroad. The city, which houses more than 90 clinical outlets, is a unit of Dubai Holding, a state-owned developer that this year held talks with lenders to restructure $10bn of debt.

The free zone, which features residential buildings and hotels, was badly hit by Dubai’s real estate crash which saw house prices tumble more than 60 percent from their mid-2008 peak.

 More than half of developments in the city were scrapped or put on hold in the wake of the financial crisis, leaving construction firms scrabbling for cash as project finance dried up.

DHCC said last year its 400-bed University Hospital, the jewel in the crown of the $5.3bn healthcare city, now had no firm opening firm after construction slowed in the downturn.

The free zone has also struggled to retain clinics as the financial crisis squeezed smaller healthcare operators. US-based Mayo Clinic, one of DHCC’s most prestigious brands, last year shuttered its clinical practice.

In 2009, the city closed its outpatient care centre, Dubai Medical Suites (DMS), less than six months after its launch. The centre was intended to lure in foreign hospitals, which would offer visiting specialists and share the costs of funding the 20-clinic centre.

Medical services provider Gulf Healthcare International, which has headquarters in DHCC, said the city will need to attract high-profile brands if it is to capture part of the medical tourism market.

“It needs to have a few more marquee brands that are probably less under a brand licence but more under a proper JV so can you have local families partnering on a 50:50 basis with some of the world’s top healthcare operators,” said Mark Adams, CEO of GHI.

“The prize for DHCC would be to try and capture some of the $15bn of health tourism that leaves the region and it hasn’t captured that.”

DHCC had fallen short of its goal to become a healthcare hub, but the addition of a top oncology centre could help the city establish its brand, he said.

“I think it is fair to say the concept was brilliant but the execution less so,” said Adams.

“If you really had one of the best cancer organisations coming into Dubai Healthcare City… it would mean that if you lived in Saudi Arabia and you needed cancer care you wouldn’t be getting on a plane to the west you’d be coming to Dubai, which would be good for everybody.”

GHI said this month it plans to invest AED100m ($27m) in opening six branded clinics and acquiring 11 clinics aimed at lower-income patients.

Be the first to comment - What do you think?  Posted by admin - September 28, 2011 at 4:13 pm

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Princess Haya to steer revamp of Dubai Healthcare City

HRH Princess Haya Bint Al Hussein is set to lead an overhaul of Dubai Healthcare City in a bid to steer attract fresh healthcare brands to the free zone and capture a slice of the lucrative medical tourism market.

Princess Haya, the wife of Dubai’s ruler, will oversee a restructuring aimed at shifting DHCC’s focus away from real estate and back to healthcare, her office said in an emailed statement.

The revamp will ensure “real estate would be a component that complements [DHCC’s] sustainability, but is never at the heart of its operation,” the statement said.

All existing projects in the development are under evaluation, and DHCC is in talks with a number of medical institutions to bring the project in line with its new focus, the statement said.


Princess Haya will report directly to HH Sheikh Mohammed Bin Rashid Al-Maktoum.


DHCC was launched in 2002, in a bid to stem the tide of local patients seeking medical care abroad. The city, which houses more than 90 clinical outlets, is a unit of Dubai Holding, a state-owned developer that this year held talks with lenders to restructure $10bn of debt.

The free zone, which features residential buildings and hotels, was badly hit by Dubai’s real estate crash which saw house prices tumble more than 60 percent from their mid-2008 peak.

 More than half of developments in the city were scrapped or put on hold in the wake of the financial crisis, leaving construction firms scrabbling for cash as project finance dried up.

DHCC said last year its 400-bed University Hospital, the jewel in the crown of the $5.3bn healthcare city, now had no firm opening firm after construction slowed in the downturn.

The free zone has also struggled to retain clinics as the financial crisis squeezed smaller healthcare operators. US-based Mayo Clinic, one of DHCC’s most prestigious brands, last year shuttered its clinical practice.

In 2009, the city closed its outpatient care centre, Dubai Medical Suites (DMS), less than six months after its launch. The centre was intended to lure in foreign hospitals, which would offer visiting specialists and share the costs of funding the 20-clinic centre.

Medical services provider Gulf Healthcare International, which has headquarters in DHCC, said the city will need to attract high-profile brands if it is to capture part of the medical tourism market.

“It needs to have a few more marquee brands that are probably less under a brand licence but more under a proper JV so can you have local families partnering on a 50:50 basis with some of the world’s top healthcare operators,” said Mark Adams, CEO of GHI.

“The prize for DHCC would be to try and capture some of the $15bn of health tourism that leaves the region and it hasn’t captured that.”

DHCC had fallen short of its goal to become a healthcare hub, but the addition of a top oncology centre could help the city establish its brand, he said.

“I think it is fair to say the concept was brilliant but the execution less so,” said Adams.

“If you really had one of the best cancer organisations coming into Dubai Healthcare City… it would mean that if you lived in Saudi Arabia and you needed cancer care you wouldn’t be getting on a plane to the west you’d be coming to Dubai, which would be good for everybody.”

GHI said this month it plans to invest AED100m ($27m) in opening six branded clinics and acquiring 11 clinics aimed at lower-income patients.

Be the first to comment - What do you think?  Posted by admin - at 4:13 pm

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Tourism sector poised for further growth

Tourism sector poised for further growth

DUBAI — The tourism sector in UAE and Dubai has bright prospects and their future growth seems to lie in exploiting the increased flow of tourists from Asian countries.

A recently released analysis by Dubai Chamber of Commerce and Industry indicated longer-term prospects for Dubai and UAE’s tourism sector as highlighted by Business Monitor International’s (BMI), UAE Tourism Report for fourth quarter of 2010.

“The expenditure on UAE’s tourism sector is expected to increase gradually, while tourist arrivals and total number of overnight stays are also expected to increase from 2010 on,” the report said.

According to the report, UAE hotels may expect demand for rooms to increase as the number of tourists is expected to increase. An important aspect of UAE tourism is that the visitors from the Gulf region and the Middle East. A strong oil price has been one of the key drivers of growth of tourism from this region. Once again although different scenarios could play out, it is forecast that the price of oil could rise in the future. This could increase disposable income for Middle-Eastern households, which may increase tourism to Dubai and the UAE even further.

The analysis pointed out that Dubai’s strategic location means a significant niche-market which when maintained will result in sustained comparative advantage.

Indeed this is the time to realize and build on this advantage. Dubai is a tourist hub and can benefit from increased tourism flows from, for example, China and India to Africa and even to Europe.

“Future growth seems to lie in exploiting the increased flow of tourists from Asian countries, as their citizens become more affluent,” the analysis said. Coordinated action between the private sector and the government is needed to formulate a strategy based on principles of efficiency and competitiveness. Clear objectives for the sector and quality standards are essential for the long-term competitiveness of Dubai’s tourism sector. Visas and other government facilities can attract more visitors from target countries and target groups.

The analysis stressed that the government can also help further by supporting infrastructure in the tourism sector, such as telecommunication, emergency assistance (medical, fire-fighting) and also sanitary facilities. Other efforts can also include linking Dubai’s tourism to the region, with Dubai being the primary gate to visit and enjoy the Middle East, Africa and Asia. This will provide Dubai with first-mover advantage and embed Dubai in a regional tourism network.

The private sector can also help by increasing cooperation between tourism related entities such as hotels and restaurants, thereby adding value to their services and increasing the overall competitiveness and efficiency of the tourism sector.

These steps could make the Dubai tourism sector more robust and propel it into the next phase of growth.

According to the World Travel and Tourism Council (WTTC), the global tourism sector is expected to grow by two per cent in 2010 beating initial estimates of a growth rate of 0.5 per cent and creating 946,000 jobs worldwide. Consequently, the global tourism sector is expected to further grow by 2.7 per cent in 2011.

(KHALEEJ TIMES)

Be the first to comment - What do you think?  Posted by admin - September 27, 2011 at 4:06 pm

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flydubai extends its reach in Russia

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Dubai’s pioneering airline doubles Russian network with the addition of flights to Kazan and Ufa


UAE, 26 September, 2011 – flydubai, Dubai’s pioneering low cost airline, has doubled its network in Russia to four points with the addition of flights to Kazan and Ufa.

flydubai’s inaugural flight to Kazan, the capital of the Republic of Tatarstan and the second largest city of the Volga economic region, touched down on Wednesday 21st September at 1510hrs. flydubai’s CEO Ghaith Al Ghaith travelled on the inaugural flight and was welcomed at the Kremlin by Tatarstan’s President, Rustam Minnikhanov.

In addition, flydubai recently launched weekly flights to Ufa, the capital of the Republic of Bashkortostan, also departing from Terminal 2 at Dubai International Airport.

Commenting on the two new destinations, flydubai CEO, Ghaith Al Ghaith, said: “Russia is a very important market for us, both in terms of business and tourist travel. With Dubai being home to more than 18,000 Russian expats there is a growing need for quality, low cost, direct flights to these destinations.

“The UAE is increasingly viewed as an ideal platform for Russian businesses to extend their reach to new markets. Russia is a growing economy, having grown by four per cent in 2010 and a further 3.8 per cent in the first five months of 2011. Through our expanding flight routes we look forward to contributing to this continuing growth.”  

The Kazan Kremlin, which has been declared a UNESCO World Heritage site, is just one of the attractions the city has to offer. Kazan will also host the XXVII World Student Games in 2013 and several matches during the 2018 FIFA World Cup, with the new flydubai routes ensuring that the UAE’s football fans will have a direct flight option to attend matches.

Ufa, with an economy based on fuel, energy and engineering complexes, is also the largest oil refining centre in the Volga and the Urals, as well as a scientific and transport hub for Russia.

flydubai also recently launched flights to Kiev, Donetsk and Kharkiv in Ukraine and in addition to the new and existing routes in Russia, Baku in Azerbaijan, Yerevan in Armenia, and Ashgabat in Turkmenistan, the airline now flies to 10 emerging CIS destinations.

Flight Details

Flights to Kazan: Flight FZ933 departs Dubai Terminal 2 at 1000hrs, landing in Kazan International Airport at 1510hrs local time. The return flight FZ934 departs at 1640hrs, arriving in Dubai at 2145hrs.

Flights to Ufa: Flight FZ939 departs Dubai Terminal 2 at 1025hrs, landing in Ufa International Airport at 1730hrs local time. The return flight FZ940 departs at 1830hrs, arriving in Dubai at 2130hrs.

One-way fares between Dubai and Kazan/Ufa start at AED 1,285 ($350), with flights from Kazan/Ufa to Dubai priced from AED 1,175 ($320). All fares include 20kg checked baggage plus one piece of hand luggage weighing up to 7kg and one small laptop bag or handbag. A seat with extra legroom costs AED100 ($28) extra.

Flights between Dubai and Kazan or Ufa can be purchased from flydubai’s website (www.flydubai.com), its call centre (+9714 301 0800) and through travel partners.

Ends-

About flydubai:
Established in March 2008, flydubai is Dubai’s first low-cost airline and the fastest growing start-up airline in the world. Since commencing operations in June 2009, the airline has established an operational route network of 44 destinations across GCC, Middle East, North Africa, Indian Sub-Continent, Asia and the fringes of Europe and has built up a fleet of 19 aircraft. Owned by the government of Dubai, the low-cost carrier supports the city’s commercial and tourism sectors by serving all travellers and providing them with affordable air links to a range of destinations. The airline is dedicated to quality service and comfortable travel, lowering costs by optimising operational efficiencies and offering the passenger more choice. 

For more information about flydubai services, please visit www.flydubai.com or contact the call centre (+9714 301 0800) or travel partners.

For further information, please contact:
Heather Astbury, PR Manager for flydubai at Mobile: (+971) 50 950 8420;
Email: heather.astbury@flydubai.com

Meabh O’Reilly,
DABO CO at Mobile (+971)50 915 5735;
Email: meabh.o@daboandco.com

© Press Release 2011

Be the first to comment - What do you think?  Posted by admin - September 26, 2011 at 4:03 pm

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Dubai vows to ‘stand behind’ state-backed firms

Dubai, the Gulf emirate that teetered on the brink of
default in 2009, vowed to stand behind its “strategic investments” including
those facing debt refinancing such as DIFC Investments.

The government doesn’t anticipate that DIFC Investments, a
unit of the emirate’s tax-free business financial center, or Jebel Ali Free
Zone FZE, another business park, will have trouble refinancing bonds due next
year, said Mohammed Al Shaibani, director general of Dubai ruler’s court.

“We’ll back up any strategic investment we have,” he said in
an interview in Washington. “As Dubai, I have interest to back up the
government entities and the government-related enterprises – anything that’s
sizable with a major benefit to the economy.”

The explicit government support may encourage investors to
buy Dubai debt when concerns about a global economic slowdown subside, said
John Bates, the head of fixed income at London- based Silk Invest. Islamic
bonds of Jebel Ali and DIFC Investments fell this week as investors shunned
riskier assets.


Jebel Ali must repay AED7.5bn ($2bn) when its Sharia-compliant
debt matures in November 2012, while DIFC Investments has a $1.25bn sukuk due
in June 2012.

Dubai roiled financial markets in 2009 when Dubai World, one
of its three main state-controlled holding companies, tried to stop repayments
on about $25bn of debt, before reaching a restructuring agreement with
creditors in March.

“We take moderate confidence in the vows of support by the
Dubai government but it’s early days given global risk sentiment,” Bates said
by email. “I can see the market rebounding fast when the time is right, as
there is a lot of cash out there which will be ready to seek value.”

Dubai borrowed at least $129bn to turn itself into a
tourism, trade and financial services hub, according to Credit Suisse Group.
Policymakers are keen not to repeat past mistakes, said Al Shaibani, who is
also chief executive officer of the Investment Corp of Dubai, one of the main
state-owned holding companies.

 “We learned quite a
bit in the process how to conduct our business,” he said. “We took things for
granted in the beginning. When everything is booming you kind of overlook
certain things.”

With about seven percent of the world’s proven oil reserves,
the United Arab Emirates has been spared the unrest that shook countries such
as Egypt, Tunisia, Libya, Syria and Bahrain.

Agreements with creditors have also helped give the emirate
and its companies “breathing space” and ruled out any “fire-sale” of its
assets, Al Shaibani said.

“We planned the process of restructuring to be between five
to eight years,” he said. “Why would I sell anything today? If we do sell
something, most likely we would be selling it closer to the five years and
eight years.”

Dubai, through its companies, holds stakes in entities such
as the London Stock Exchange and Nasdaq OMX Group Inc, owner of the
second-largest U.S. equity exchange. The timing isn’t right to sell those
interests, Al Shaibani said.

“Most of these companies were a private equity exercise,” he
said. “They were bought to be sold later at a certain value. We haven’t
realized the value yet. We are not obliged to sell them.”

Dubai has $31.2bn of debt coming due this year and in 2012,
according to an International Monetary Fund report published on June 16.

The cost to insure Dubai’s debt from default climbed this
week to the highest level since December. Five-year credit- default swaps rose
16 basis points, or 0.16 percentage point to 481 today, according to data provider
CMA.

Dubai’s debt may continue to be hampered by concerns about
the global economy, said Sergey Dergachev, who helps manage $8.5bn of
emerging-market bonds at Union Investment Privatfonds in Frankfurt.

 “Market timing now is
very unfortunate since emerging- market debt is burning down in the last two
days and the Middle East and North Africa is no exception,” he said by email
today. The “global environment is in a risk-off mood at the moment.”

Only “some smaller companies” may need to restructure their
debt, Al Shaibani said. “There are some companies that had a little bit of
exposure to the property sector and they need to clear up some issues and focus
on growth again.”

The government may not extend the same helping hand to all
companies. For Drydocks World, a company restructuring $2.2bn of debt, the
responsibility falls more on its parent, Dubai World, Al Shaibani said.

“Personally, I think Dubai World should really play a major
part in supporting Drydocks, not so much the government,” he said.

Be the first to comment - What do you think?  Posted by admin - September 25, 2011 at 4:01 pm

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Egypt tourist numbers drop 28.2% in July

Staff
Thursday, September 22 – 2011 at 11:13 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited
without the prior written consent of AME Info FZ LLC / Emap Limited.

Be the first to comment - What do you think?  Posted by admin - September 24, 2011 at 3:58 pm

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Emirates announces Harare flights

The airline, ranked sixth in the world in terms of international passengers carried in 2010, says travellers using the service would “connect seamlessly to points across the Far and Middle East, Indian sub-continent, Europe and Australasia via the airline’s hub in Dubai�.

“Starting 1st February 2012, EK 713 will depart Dubai on every Monday, Tuesday, Wednesday, Friday and Sunday at 0925hrs, arriving in Lusaka at 1450hrs,� the airline said in a statement Thursday.

“The service will depart Lusaka at 1620hrs, arriving in Harare at 1720hrs. The return flight leaves Harare at 1920hrs, arriving Lusaka at 2020hrs. It departs Lusaka at 2150hrs and lands in Dubai at 0710hrs the next day.�

Sheikh Ahmed bin Saeed Al-Maktoum, the chairman and chief executive of Emirates Airline Group said the new service would boost tourism and trade in both destinations.

“Emirates has long understood the enormous potential of Africa, which today is one of the fastest-expanding economic regions of the world, benefitting from a combined market of over one billion people, rising consumer demand and an abundance of natural resources,� he said.

“Zambia and Zimbabwe will be our 20th and 21st African destinations and their addition to our global network will enable us to provide new flexibility and choice for customers, help to grow trade routes and create important new inbound and outbound markets for tourism.�

The Civil Aviation Authority of Zimbabwe (CAAZ) welcomed Emirates’ announcement and declared its readiness to provide “the very best� facilities at the Harare International Airport.

“The arrival of an airline of Emirates’ stature will be very significant for Zimbabwe, increasing capacity, connectivity and choice as the country strives to consolidate its economic recovery through attracting new trade, tourism and investment,� said CAAZ chief executive officer David Chawota.

“We are extremely proud of the facilities we have at Harare International Airport and look forward to providing the very best service to Emirates customers from around the world. We really appreciate the support of our government in facilitating this development.�

The airline said it would be deploying one of its Airbus 330-200 aircraft on the route in a three-class configuration that offers “12 luxurious First Class seats, 42 seats in Business Class and generous space for 183 passengers in Economy Class.�

The statement added: “Customers in all cabins will enjoy meals prepared by gourmet chefs, award-winning service from the airline’s international cabin crew recruited from over 120 countries, as well as hundreds of channels of entertainment and the facility to send and receive emails and text messages.�

With a fleet of 157 aircraft and already the largest Airbus 380 operator in the world, Emirates currently flies to 114 destinations in 67 countries.

Emirates’ entry on the Zimbabwe market could spell trouble for the flag carrier, Air Zimbabwe, which has been battling massive debt, strikes by pilots, old aircraft and reliability issues.

Passengers from one of Air Zimbabwe’s main markets, Britain, will be able to book flights on Emirates, connecting through Dubai.

Apart from Air Zimbabwe, Kenyan Airways, South African Airways and Ethiopian Airways are the other airlines currently flying to Harare from London. Air Zimbabwe, however, remains the only airline offering direct flights.

1 comment - What do you think?  Posted by admin - September 23, 2011 at 3:52 pm

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Emirates announces Harare flights

The airline, ranked sixth in the world in terms of international passengers carried in 2010, says travellers using the service would “connect seamlessly to points across the Far and Middle East, Indian sub-continent, Europe and Australasia via the airline’s hub in Dubai�.

“Starting 1st February 2012, EK 713 will depart Dubai on every Monday, Tuesday, Wednesday, Friday and Sunday at 0925hrs, arriving in Lusaka at 1450hrs,� the airline said in a statement Thursday.

“The service will depart Lusaka at 1620hrs, arriving in Harare at 1720hrs. The return flight leaves Harare at 1920hrs, arriving Lusaka at 2020hrs. It departs Lusaka at 2150hrs and lands in Dubai at 0710hrs the next day.�

Sheikh Ahmed bin Saeed Al-Maktoum, the chairman and chief executive of Emirates Airline Group said the new service would boost tourism and trade in both destinations.

“Emirates has long understood the enormous potential of Africa, which today is one of the fastest-expanding economic regions of the world, benefitting from a combined market of over one billion people, rising consumer demand and an abundance of natural resources,� he said.

“Zambia and Zimbabwe will be our 20th and 21st African destinations and their addition to our global network will enable us to provide new flexibility and choice for customers, help to grow trade routes and create important new inbound and outbound markets for tourism.�

The Civil Aviation Authority of Zimbabwe (CAAZ) welcomed Emirates’ announcement and declared its readiness to provide “the very best� facilities at the Harare International Airport.

“The arrival of an airline of Emirates’ stature will be very significant for Zimbabwe, increasing capacity, connectivity and choice as the country strives to consolidate its economic recovery through attracting new trade, tourism and investment,� said CAAZ chief executive officer David Chawota.

“We are extremely proud of the facilities we have at Harare International Airport and look forward to providing the very best service to Emirates customers from around the world. We really appreciate the support of our government in facilitating this development.�

The airline said it would be deploying one of its Airbus 330-200 aircraft on the route in a three-class configuration that offers “12 luxurious First Class seats, 42 seats in Business Class and generous space for 183 passengers in Economy Class.�

The statement added: “Customers in all cabins will enjoy meals prepared by gourmet chefs, award-winning service from the airline’s international cabin crew recruited from over 120 countries, as well as hundreds of channels of entertainment and the facility to send and receive emails and text messages.�

With a fleet of 157 aircraft and already the largest Airbus 380 operator in the world, Emirates currently flies to 114 destinations in 67 countries.

Emirates’ entry on the Zimbabwe market could spell trouble for the flag carrier, Air Zimbabwe, which has been battling massive debt, strikes by pilots, old aircraft and reliability issues.

Passengers from one of Air Zimbabwe’s main markets, Britain, will be able to book flights on Emirates, connecting through Dubai.

Apart from Air Zimbabwe, Kenyan Airways, South African Airways and Ethiopian Airways are the other airlines currently flying to Harare from London. Air Zimbabwe, however, remains the only airline offering direct flights.

Be the first to comment - What do you think?  Posted by admin - at 3:52 pm

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Emirates announces Harare flights

The airline, ranked sixth in the world in terms of international passengers carried in 2010, says travellers using the service would “connect seamlessly to points across the Far and Middle East, Indian sub-continent, Europe and Australasia via the airline’s hub in Dubai�.

“Starting 1st February 2012, EK 713 will depart Dubai on every Monday, Tuesday, Wednesday, Friday and Sunday at 0925hrs, arriving in Lusaka at 1450hrs,� the airline said in a statement Thursday.

“The service will depart Lusaka at 1620hrs, arriving in Harare at 1720hrs. The return flight leaves Harare at 1920hrs, arriving Lusaka at 2020hrs. It departs Lusaka at 2150hrs and lands in Dubai at 0710hrs the next day.�

Sheikh Ahmed bin Saeed Al-Maktoum, the chairman and chief executive of Emirates Airline Group said the new service would boost tourism and trade in both destinations.

“Emirates has long understood the enormous potential of Africa, which today is one of the fastest-expanding economic regions of the world, benefitting from a combined market of over one billion people, rising consumer demand and an abundance of natural resources,� he said.

“Zambia and Zimbabwe will be our 20th and 21st African destinations and their addition to our global network will enable us to provide new flexibility and choice for customers, help to grow trade routes and create important new inbound and outbound markets for tourism.�

The Civil Aviation Authority of Zimbabwe (CAAZ) welcomed Emirates’ announcement and declared its readiness to provide “the very best� facilities at the Harare International Airport.

“The arrival of an airline of Emirates’ stature will be very significant for Zimbabwe, increasing capacity, connectivity and choice as the country strives to consolidate its economic recovery through attracting new trade, tourism and investment,� said CAAZ chief executive officer David Chawota.

“We are extremely proud of the facilities we have at Harare International Airport and look forward to providing the very best service to Emirates customers from around the world. We really appreciate the support of our government in facilitating this development.�

The airline said it would be deploying one of its Airbus 330-200 aircraft on the route in a three-class configuration that offers “12 luxurious First Class seats, 42 seats in Business Class and generous space for 183 passengers in Economy Class.�

The statement added: “Customers in all cabins will enjoy meals prepared by gourmet chefs, award-winning service from the airline’s international cabin crew recruited from over 120 countries, as well as hundreds of channels of entertainment and the facility to send and receive emails and text messages.�

With a fleet of 157 aircraft and already the largest Airbus 380 operator in the world, Emirates currently flies to 114 destinations in 67 countries.

Emirates’ entry on the Zimbabwe market could spell trouble for the flag carrier, Air Zimbabwe, which has been battling massive debt, strikes by pilots, old aircraft and reliability issues.

Passengers from one of Air Zimbabwe’s main markets, Britain, will be able to book flights on Emirates, connecting through Dubai.

Apart from Air Zimbabwe, Kenyan Airways, South African Airways and Ethiopian Airways are the other airlines currently flying to Harare from London. Air Zimbabwe, however, remains the only airline offering direct flights.

Be the first to comment - What do you think?  Posted by admin - September 22, 2011 at 3:48 pm

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Business Development Manager (Aa)

The Emirates Group is a highly profitable business with a turnover of approximately US$ 12 billion and over 50,000 employees. The Group comprises of Dnata, the successful Airport Ground Services and Travel Industry division, and Emirates, the Group’s rapidly expanding and award winning international Airline. Emirates global network now sees it flying to over 110 destinations across 6 continents, operating a modern fleet of over 150 wide-bodied aircraft. Today the Airline has orders worth over US$ 68 billion for 200 more of the latest aircraft, with plans to operate to many more destinations in the months and years ahead. Essential to our continued business success as we expand will be the ongoing employment of high quality people to join our multi-cultural team of over 150 nationalities.

Dubai, a tourism centre and modern cosmopolitan city with high standards of healthcare, education and leisure pursuits for residents offers those we hire one of the most desirable lifestyle locations in the world. In addition to lifestyle and tax free salary benefits, the Emirates Group also offers professional development opportunities to help employees develop new skills and grow their careers successfully. Discover your future!

The Position: To research, analyse and summarise market and product intelligence on the global leisure, incentive, cruise, conference and exhibition market segments, for use by the department’s senior management to define long-term strategies. The jobholder will also define and recommend AA’s short-and-medium-term product and business development strategies that will support the long-term plans, aimed at consistently increasing Emirates’, Arabian Adventures'(AA) and Dubai’s profitable shares of these market segments.

Salary Benefits: We offer an attractive tax-free salary, paid in Dirhams, the local currency of the UAE. The Dirham is linked to the Special Drawing Right of the International Monetary Fund and it has been held constant against the US dollar since the end of 1980 at a mid-rate of approximately US$1=”Dh3.66.” Besides generous travel benefits normally associated with an airline, this managerial role also has excellent leave and health care packages, accommodation, power and water paid for, along with transport benefits, life insurance and other employee benefits making the role attractive to high performers. By viewing the ‘Dubai Lifestyle’ section in the careers website you can also consider the many benefits of Dubai as a location to live and work in.

Experience and Qualifications: Degree or Honours (12+3 or equivalent) Degree in Marketing or Business Administration, alternatively, seven to ten years experience with a proven track record in the travel or leisure industry, in a marketing or sales capacity, with General Certificate level education. Specialised Knowledge
A proven ability to exercise judgement and decision making in the promotion of travel related services, airline and DMC products. An excellent knowledge of the tourism markets and of the players (Tour Operators, Incentive Houses). Clear knowledge and understanding of the tourism industry. Excellent written and oral communication skills in English. Additional languages will be a distinct advantage. Excellent presentation, analytical and report writing skills. Computer literate. Experience
Minimum of 5 years in the Travel or Tourism Industry, in a Marketing or Sales capacity, Marketing Media Communication. Market/Customer Research. Training
Any airline or leisure related courses are an advantage, particularly in the areas of sales and marketing. Additional
Systematic and logical approach to problem solving and a capability to work around problems. Good creative and lateral thinking skills. A strong team player, capable of seeing and understanding the bigger picture and actively contributing to that result. Self-motivated, highly organised, pro-active and flexible.
To Apply: To express your interest in the above vacancy please apply on-line by clicking below, and complete our application form. We will then consider your application and contact you should we wish to shortlist you for an interview. Should you not receive an invitation for an interview within 5 weeks please assume that on this occasion you have been unsuccessful. We will retain your details for 12 months unless advised otherwise and re-consider you for future opportunities as they arise. Please also note that if you are not shortlisted you can also update your application at anytime and apply for other opportunities. Thank you for your interest in a career with the Emirates Group.

Be the first to comment - What do you think?  Posted by admin - September 21, 2011 at 3:41 pm

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Road to Arabia draws record attendance – e

The Arabian Peninsula workshops have now wrapped up with more than 300 agents attending the joint Dubai Department of Tourism Commerce Marketing (DTCM), Abu Dhabi Tourism Authority (ADTA) and Sultanate of Oman Tourism seminars across the country.

Three more winners were selected to win flights, accommodation and on ground components with the support of the regional carriers with Emirates, Etihad and V Australia Airlines; as well as hotel prize sponsors Jumeirah Beach Hotel and Jumeirah Emirates Towers in Dubai; Jumeirah at Etihad Towers in Abu Dhabi; the Grand Hyatt Muscat and the newly opened Sifawy Hotel in Jabel Sifah Oman.  

The winners at the three events were:


(L-R): Amy Bradshaw – Abu Dhabi Tourism Authority; Louise Goddard – Emirates Sydney; Kerry Moss – Quadrant Travel Australia; and Mona Tannous – Oman Tourism.


(L-R): Kerry Turner Escape Travel Winner; Veronica Rainbird – Dubai Tourism; Amy Bradshaw – Abu Dhabi Tourism Authority; and Carol Baker – Etihad Airways.


(L-R): Shiran Ranatunga – Emirates Queensland; Maggie Silva – Emirates Queensland; Samantha Hall – Flight Centre Nerang; Veronica Rainbird – Dubai Tourism; Amy Bradshaw – Abu Dhabi Tourism Authority; and Mona Tannous – Oman Tourism.

Be the first to comment - What do you think?  Posted by admin - September 20, 2011 at 3:36 pm

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flydubai set to soar into Serbia

Dubai; 19 September 2011: One of the world’s leading cultural and party capitals*, Belgrade, otherwise known as Serbia’s White City, has been named the latest destination of pioneering low-cost carrier, flydubai.

Ghaith Al Ghaith, CEO of flydubai said: “We are committed to opening up routes previously underserved by direct UAE air links and are proud to become the first airline to operate direct services into Belgrade from Dubai. We anticipate a strong demand for flights, both from the Serbian community in the UAE as well as travellers looking for a low-cost link into one of the most dynamic cities in the world.”

Now an established tourist hub in its own right, Serbia has nurtured rich music, sports, architecture, nightlife, arts, and cultural scenes. Belgrade, its capital and largest city, currently hosts a number of international festivals including FEST (Belgrade Film Festival), BITEF (Belgrade Theatre Festival), BELEF (Belgrade Summer Festival), BEMUS (Belgrade Music Festival) and Belgrade Book Fair and has built one of the most interesting cityscapes in Europe with architectural styles ranging from Soviet to gothic.

“Serbia has taken numerous steps to develop its travel and tourism potential in recent years, including visa liberalisation and open skies policies. The subsequent entry of a number of European low-cost airlines has led to an influx of European travellers to the region and we fully expect the launch of our services to Belgrade to have the same effect here in the UAE,” added Al Ghaith.

*named by leading travel publication Lonely Planet

Serbia has a strong presence in the UAE thanks to a 5,000-strong Serbian expatriate population. One of the first established expat communities in UAE, Serbs have played an important role in the growth of the UAE and have made major contributions to the country’s engineering, construction, hospitality, health, sports and airline industries. Serbian tennis stars have also contributed to the country’s rising visibility in the emirates, in particular the regular presence of current world number one and US Open Champion Novak Djokovic at key UAE tennis tournaments such as the Dubai Duty Free Tennis Championships.

Belgrade will be the 46th addition to flydubai’s expanding route network, which spans the GCC, Middle East, North Africa, the Indian Sub-continent, Asia and the fringes of Europe. The airline completed a busy weekend of new flights with inaugurals taking place in Kiev, Kharkiv and Donetsk in Ukraine. Later this week flydubai will celebrate its first flights to Kazan and Ufa in Russia. flydubai has also announced flights to Tbilisi in Georgia, scheduled to commence operations on 4 November 2011.

Flight Details

Flights to and from Belgrade will operate four times-a-week and will commence on 10th November 2011. FZ741 will depart Dubai Terminal 2 at 0910hrs, landing in Belgrade Nikola Tesla Airport at 1155hrs local time. The return flight FZ742 departs at 1240hrs arriving in Dubai at 2045hrs.

 

One way fares from Dubai-Belgrade start at AED 800 (€160). From Belgrade to Dubai the price starts at €170 (AED 850). Fares include one piece of hand luggage weighing up to 7kg and one small laptop bag or hand bag. Checked baggage starts at AED 50 for 20kgs. A seat with extra legroom costs AED100 extra.

Flights between Dubai and Belgrade can be purchased from flydubai’s website (www.flydubai.com), its call centre (+9714 301 0800) and through travel partners.

Be the first to comment - What do you think?  Posted by admin - September 19, 2011 at 3:33 pm

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Vice President Legal

The Emirates Group is a highly profitable business with a turnover of approximately US$ 12 billion and over 50,000 employees. The Group comprises of dnata, the successful Airport Ground Services and Travel Industry division, and Emirates, the Group’s rapidly expanding and award winning international Airline. Emirates global network now sees it flying to over 110 destinations across 6 continents, operating a modern fleet of over 150 wide-bodied aircraft. Today the Airline has orders worth over US$ 68 billion for 200 more of the latest aircraft, with plans to operate to many more destinations in the months and years ahead. Essential to our continued business success as we expand will be the ongoing employment of high quality people to join our multi-cultural team of over 150 nationalities.

Dubai, a tourism centre and modern cosmopolitan city with high standards of healthcare, education and leisure pursuits for residents offers those we hire one of the most desirable lifestyle locations in the world. In addition to lifestyle and tax free salary benefits, the Emirates Group also offers professional development opportunities to help employees develop new skills and grow their careers successfully. Discover your future!

The Position:
VP Legal – Aircraft Financing / Finance Lawyer The main focus of this role will be to provide strategic direction and management to a team of lawyers within the Emirates Group Legal Department ensuring the provision of sound legal services, advice and support primarily in relation to financing transactions entered into by the Emirates Group, including all transactions relating to the delivery, financing, refinancing and redelivery of aircraft within the Emirates fleet as well as general corporate finance matters and other financial agreements entered into by the Emirates Group. The role may also required the provision of legal services on a wide variety of corporate and commercial legal matters across an allocated portfolio for the Emirates Group and will require the effective management of matters of high complexity / high risk and / or high potential impact.

Key Accountabilities Act as the senior contact for complex requests to provide strategic legal advice and assistance to allocated businesses within the Emirates Group and its associated companies on a global basis. Attend meetings with Group internal client colleagues in order to negotiate, influence and finalise high value / business critical contracts, commercial agreements and joint ventures across the Group. Develop and maintain effective business relationships with external parties, including at partner level within Law firms, negotiating cost structures, high level fee quotes, and services agreement terms and conditions relating to the Group?s business. Manage and co-ordinate the selection of appropriate external legal resources in order to ensure the most cost effective and legally sound advice is obtained. This also includes advising on the procurement of legal advice at overseas stations. Monitor changes in domestic and international law and advise senior management on the potential legal impact with regard to operational issues, devising strategies and solutions, and recommending actions to mitigate risk and avoid dislocation of Group operations and catastrophic loss. Advise Group senior management on liability awareness, risk management procedures and legal requirements, highlighting the legal and risk implications of current and proposed business activities and partnering the business to devise appropriate solutions or risk mitigation strategies. You will be responsible for balancing conflicting business demands, and for producing high quality, practical, commercially orientated advice in response to tight deadlines. As well as being responsible for allocating and distributing resources effectively, whether internally or through outsourcing as appropriate, ensuring all work is managed efficiently. You will be required to develop and within Company authorisation limits, manage the allocated Group Legal budget related to Emirates Group and their associated companies, redistributing, prioritising and re-negotiating as appropriate, including for those legal services which are procured by Group Legal for outstations. You will be responsible for recruiting, motivating, developing, mentoring and managing a team of legal staff, including conducting performance reviews. Source secondees and / or other temporary legal resources as required, ensuring effective distribution of work and integration within the team. Act as a senior liaison with various government and regulatory authorities, both within the UAE and internationally, on legal issues affecting the Group?s businesses, including maintaining contacts at a senior level within the Government of Dubai Legal Affairs Department (contact at Director-General level), the General Civil Aviation Authority of the UAE (GCAA) (contact at Head of Department level) and the Dubai Civil Aviation Authority and involvement in the discussion and implementation of international treaties impacting on aviation and other areas related to the Group?s businesses within the UAE and elsewhere, as necessary. The successful candidate will have the following:
Strong business awareness High attention to quality and detail Excellent analytical ability and strong communication skills, both written and verbal. Highly Influential and have strong negotiation skills. Initiative and commitment to achieve Good problem solving and decision making skills Experience and Qualifications: A Law degree from a recognised university or a degree which qualifies towards professional qualification as a lawyer, the degree to include a course in Law of Contract (common law); Qualified lawyer with current practising certification. 10 years or more post qualification experience in private or in-house practise, preferably in aviation related work. Experienced in general finance and aircraft financing related transactions, as well as general commercial legal work. Excellent drafting skills in English documentation. Service-oriented, commercially aware and capable of working on a diverse range of client matters whilst maintaining a continuing grasp of the Group?s long term commercial goals and the importance of achieving the same. Desirable Proven experience leading and managing a team of legal professionals is desirable. Salary Benefits: We offer an attractive tax-free salary, paid in Dirhams, the local currency of the UAE. The Dirham is linked to the Special Drawing Right of the International Monetary Fund and it has been held constant against the US dollar since the end of 1980 at a mid-rate of approximately US$1=”Dh3.66.” Besides generous travel benefits normally associated with an airline, this managerial role also has excellent leave and health care packages, accommodation, power and water paid for, along with transport benefits, life insurance and other employee benefits making the role attractive to high performers. By viewing the ‘Dubai Lifestyle’ section in the careers website you can also consider the many benefits of Dubai as a location to live and work in

To Apply: To express your interest in the above vacancy please apply on-line by clicking below, and complete our application form. We will then consider your application and contact you should we wish to shortlist you for an interview. Should you not receive an invitation for an interview within 5 weeks please assume that on this occasion you have been unsuccessful. We will retain your details for 12 months unless advised otherwise and re-consider you for future opportunities as they arise. Please also note that if you are not shortlisted you can also update your application at anytime and apply for other opportunities. Thank you for your interest in a career with the Emirates Group.

Be the first to comment - What do you think?  Posted by admin - September 18, 2011 at 3:22 pm

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