Arab turmoil, Dubai glut are risk to UAE economy: IMF
AFP – Turbulence across the Arab world and Dubai’s ongoing property glut pose risks to the United Arab Emirates’s economic recovery, the International Monetary Fund said Monday. The oil-rich Gulf federation also needs to shore up its powerful government-backed firms…
Dubai’s RERA mulls more real estate cancellations
Dubai’s real estate watchdog is mulling fresh project cancellations this year under a new scheme to evaluate the financial viability of developments, its CEO has said. “We are in the process of analysing the data. Project cancellations won’t happen just…
Artists boycott Guggenheim Abu Dhabi in labor row
DUBAI | Thu Mar 17, 2011 11:04pm IST DUBAI (Reuters Life!) – More than 130 artists have said they will boycott the Guggenheim museum in Abu Dhabi over what they say is exploitation of foreign workers, Human Rights Watch said…
Sharjah, Abu Dhabi see spike in business tourism
Sharjah saw an eight percent growth in international tourist flow into the emirate in 2010, part of its push to boost tourism and compete with Dubai and Abu Dhabi and showing that tourism is growing throughout the UAE, not just…
Dubai World to sign final debt deal
Dubai: Dubai World, the government owned conglomerate will sign the final deal on its nearly $25 billion debt restructuring deal with its creditors next week, said Shaikh Ahmad Bin Saeed Al Maktoum, chairman of Dubai’s Supreme Fiscal Committee and Chairman…
Regional unrest inspires Dubai art fair
By Catherine Ngai DUBAI | Thu Mar 17, 2011 10:49pm IST DUBAI (Reuters Life!) – Stirring canvasses inspired by the unrest sweeping the Arab world feature in a four-day contemporary art show, Art Dubai, running this week through Saturday. Most…
Tourism in Dubai increased – Revenues reach 13.2 billion Dirham
2011-03-01 16:58:02 – Tourism revenues increased in 2010 to 13.2 billion Dirham. There is an opening of a hotel or new attraction nearly every day to attract tourists from all over the world. Therefore, Dubai Holiday Dreams offers nice accommodations…
Arab turmoil, Dubai glut are risk to UAE economy: IMF
WASHINGTON (AFP) – Turbulence across the Arab world and Dubai’s ongoing property glut pose risks to the United Arab Emirates’s economic recovery, the International Monetary Fund said Monday. The oil-rich Gulf federation also needs to shore up its powerful government-backed…
Dubai is back from financial crisis, Sheikh Mohammed says
Dubai has recovered from the impact of the global financial crisis, the emirate’s ruler HH Sheikh Mohammed Bin Rashid Al Maktoum said Wednesday. The UAE’s trade and tourism hub proved its financial credentials and core business was strong, Sheikh Mohammed…
Dubai’s art exhibition brings Arab, global scene together
by Gerard Al-Fil DUBAI, March 16 (Xinhua) — During times of civil unrest in the Middle East, Dubai has always been a safe haven for tourism, banking and culture. After an exclusive preview Tuesday, the edition of the 5th Art…
Dubai Tourist Arrivals affected due to events in Middle East
Middle East events affect tourism in Dubai The recent events taking place in the middle east and Libya have left a mixed impact on tourism. The total arrival of the people at Dubai airport although has not decreased as such…
Dubai Dreams: Inside the Kingdom of Bling
Dubai Dreams: Inside the Kingdom of Bling ISBN13: 9781857885279 Condition: New Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed Dubai has become the watchword…
ADNH achieves significant presence in ITB Berlin
Abu Dhabi, March 10th, 2011 (WAM) — Richard W. Riley, CEO of Abu Dhabi National Hotels (ADNH) said that the company has achieved significant growth in the tourism industry and the development of related services. In an interview with WAM…
ITB – Arabs Urge Europeans To Avoid Stereotypes & Cliches
The Muslim speakers at the ITB Berlin have called on Europeans to try to understand what is going on in the Middle East and take a more positive and long-term attitude about the prospects of change that is coming in…
