Dubai seen as a refuge amid turbulence
Yaser Alamoodi, a Saudi Arabian public relations executive, had his plans to holiday in Dubai during this month’s school vacation thwarted because he could not get a seat on a flight. The aircraft were packed as tourists from Riyadh swarmed…
Dubai Stocks Stage Longest Rally Since 2005 on Economy, Oil; DFM Advances
Dubai shares rose a tenth day, the longest rally in six years, as investors turned to assets in the politically stable emirate on signs the economy is recovering and after oil advanced. Emirates NBD PJSC (EMIRATES), the United Arab Emirates’…
Dubai group buys Spanish soccer club
(CNN) — Getafe became the third Spanish football club to pass into foreign ownership on Thursday after signing a deal with Dubai’s Royal Emirates Group. The Madrid-based team followed in the footsteps of Malaga and Racing Santander, which were also…
Dubai Chamber seeks stronger trade ties with River Nile State of Sudan
The Governmental delegation headed by the River Nile State of Sudan H.E. Governor Lt Hadi Abdallah Mohammad Al Awad was accompanied by H.E. Abdel Salam Mohamad Al Kheir Abdallah, Minister of Investment, Industry, Tourism and Mining, H.E. Ahmad Al Siddiq…
Dubai Group seeks to restructure 10 bln dollars of debt
DUBAI, April 19 (Xinhua) — Dubai Group, the financial services arm of state-run conglomerate Dubai Holding, is in talks with creditors to restructure 10 billion U.S. dollars of debt, 4 billion dollars more than previously announced, an English daily of…
Dubai to have world’s tallest hotel
Text size DUBAI — Dubai, which is home to the world’s tallest building and the largest shopping mall, will open the world’s tallest hotel in mid-to-late 2012 at Shaikh Zayed Road. Spread across two iconic towers, the 1,614-room…
Dubai Appoints Banks to Raise $800 Million From Selling Road Toll Receipts
Dubai hired four banks including Citigroup Inc. (C) to raise $800 million in financing backed by road toll receipts to help fund transport projects in the emirate. The Department of Finance also appointed Dubai Islamic Bank PJSC (DIB), Emirates NBD…
Dubai journalists on familiarisation trip
Feb 26th 2006, 00:00 Dubai press on Malta visit
Dubai World Trade Centre draws over 1.4 million visitors in 2010
During 2010, DWTC delivered one of the world’s most successful platforms for international businesses to interact with regional markets, bringing together approximately 1,415,000 visitors from over 155 countries with 32,781 exhibiting companies from over 85 countries, enabling the Events Industry…
Dubai economy to grow 4%
By REUTERS Published: Mar 30, 2011 18:24 Updated: Mar 30, 2011 18:24 DUBAI: Dubai’s government expects its economy to grow by up to four percent this year, helped by a recovery of trade and logistics sectors, although slow lending and…
Dubai reassures trade after holidaymaker’s death
Dubai Tourism and Commerce Marketing has reassured the trade and consumers that the destination is safe to visit following claims a holidaymaker has been beaten to death in his prison cell. Reports surfaced today in the media about Lee Bradley Brown, who was…
Retail, finance and tourism sectors set for expansion
Text size Thursday, Mar 31, 2011 Gulf News Dubai’s property sector is benefiting from regional turmoilDubai: The Real Estate Regulatory AgencyThe Real Estate Regulatory Agency (RERARERA) is reviewing 90,000 units that will enter the market from now until…
Censorship after Dubai bashed by Vanity Fair
“What money would look like if it were left to its own devices”. A scathing article about Dubai has appeared in Vanity Fair. Photo: AP Vanity Fair has stirred controversy with an article panning the Gulf city state of Dubai,…
Safe Haven Dubai Gains as Middle East Turmoil Disrupts Lives
Dubai, on the brink of a debt default in 2009, is emerging as the closest thing to a safe haven in the Middle East and North Africa as violence erupts in countries such as Libya and Bahrain. Photographer: Charles Crowell/Bloomberg…
WTM Dubai to have green focus
Tempting meeting deals from Tangalooma Island resort Tangalooma Island Resort, located just off the coast from Brisbane, Queensland in beautiful Moreton Bay, is offering fabulous conference and event deals for 2011.Read more PAY FOR 1 DELEGATE AND GET THE 2ND…
