Month: October 2011

Wed Oct 26, 2011 4:02pm BST * Fund to target investments in Dubai real estate sector * ICD, Brookfield to each invest $100 mln in fund * Fund to seek local, regional and international investors * Dubai’s property sector hurt by oversupply, low demand (Adds new project announcement details) By Praveen Menon DUBAI, Oct 26 […]

DULUTH, Ga.–(BUSINESS WIRE)– NCR Corporation (NYSE: NCR) today announced that Dubai Airports, which owns and operates Dubai International as well as Dubai World Central (DWC), will deploy NCR Netkey Wayfinding to help passengers more easily navigate their way around both properties. The interactive NCR Netkey Wayfinding solution will help passengers easily locate gates, flight information, […]

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Global marine terminal operator DP World has announced plans to expand facilities at Port Rashid in Dubai to grow its cruise tourism capacity. Its Dubai Cruise Terminal currently has capacity to serve two ocean-going cruise ships at the same time carrying a combined 7,000 passengers. DP World said it will expand facilities by the end […]

Dubai The Dubai Government has started implementing some development projects after restructuring its investment arms and recapitalising financial institutions. His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, yesterday approved a number of mixed-use and tourism projects with an investment exceeding Dh2 billion to be […]

By Martina Fuchs DUBAI | Mon Oct 24, 2011 10:51am BST DUBAI (Reuters) – Luxury hotelier Jumeirah Group, owned by the ruler of Dubai, is looking at doubling its properties under management globally by early 2012 and tapping into growing tourism demand, its executive chairman said on Monday. “We will open in Kuwait, Majorca, and […]

Dubai: Dubai is looking to expand its cruise terminal facilities in a bid to accommodate the increase in the number of cruise ships. “We have to expand our capacity. Our dock takes up to five ships. The numbers are going to increase and our cruise terminal is not enough. There are expansion plans for the […]

Spotlight on the region’s cruise credentials at inaugural Seatrade Middle East Cruise Convention as forecast growth continues to exceed global average. The region’s buoyant cruise tourism sector and the opportunities and challenges facing major Middle Eastern cruise hubs will headline a two-day agenda as industry leaders come together today (19th October) at The Meydan Hotel, […]

Senior executives from 14 global cruise lines, plus representatives from regional tourism and port authorities, tour operators, travel agents and other cruise partners addressed both the opportunities and challenges faced in expanding the sector – reinforcing the message that the Arabian Gulf has potential for further growth as new lines commit to winter cruise schedules […]

Own internal assessors for Dubai govt depts A total of 237 employees representing over 29 government bodies on Thursday graduated in a programme offered by the Dubai Government Excellence Programme (DGEP) which is taking a quantum leap in assessing outstanding government performance. Clearing 13 intensive courses over the period from May 2010 to June 2011, […]

One thing confused me about the headlines last week, which were essentially a morality tale about the loneliness of the professional politician. Why did the former British secretary for defence Liam Fox choose Dubai for his mysterious stopovers between London and Afghanistan? Why could not it be somewhere else, perhaps the Wembley Plaza Hotel in […]

Hosted by the Government of Dubai, Department of Tourism and Commerce Marketing (DTCM), Dubai Cruise Terminal and DP World, the Seatrade Middle East Cruise Convention is attracting senior industry leaders and international operators eager to address the broader economic impact of cruise tourism as the region’s hubs report record passenger arrivals and positive growth indicators […]

Text size     Tuesday, Oct 18, 2011 Gulf News Dubai: Dubai is looking to expand its cruise terminal facilities in a bid to accommodate the increase in the number of cruise ships. “We have to expand our capacity. Our dock takes up to five ships. The numbers are going to increase and our cruise […]

Dubai: After two months of inactivity due to the Eurozone debt crisis and turmoil in global financial markets, high-grade borrowers from the Gulf Arab region may be close to resuming issuance. There is a substantial number of bonds in the pipeline, and a partial improvement of sentiment in global markets in the past week — […]

Dubai vision: Nearly 1m new jobs by 2020 Dubai is introducing a master plan for urban development that is expected to open up about 950,000 jobs by 2020, Khaleej Times has learnt. The Dubai Executive Council (DEC) has approved the Dubai Urban Development Master Plan-2020 and will establish a ‘Supreme Urban Planning Council’ to streamline […]