Sales fall at Dubai Summer Surprises, but GCC visitors up
Text size Retail sales at Dubai Summer Surprises dropped by as much as 20 per cent from last year, but a jump in visitors from GCC countries filled hotel rooms and kept sales afloat, insiders say. The 65-day…
"Dubai was Right" says flydubai CEO
Text size Ghaith Al Ghaith hails the vision and courage of the Government of Dubai and developers who continued to invest during the economic crisis Dubai, UAE, May 01, 2011 – On the eve of the region’s biggest…
Dubai was Right” says flydubai CEO
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Dubai offered a short-term shot in the arm
As a liberal outpost in a tough region, Dubai has historically prospered from its neighbours’ misfortunes. At the turn of the 20th century, the emirate drew in heavily taxed Persian traders; in the 1980s, the Iran-Iraq war turned the city’s…
Cyprus Tourism To Mount Strong Presence At Arabian Travel Market
Text size Jan-April 2011 Tourist Arrivals To Cyprus From Me Grew By 4%The Cyprus Tourism Organisation (CTO) will be mounting a strong presence at the forthcoming Arabian Travel Market in Dubai from 2nd to 5th May in conjunction…
Dubai hotels target Chinese travel market
An increasing number of Chinese have been travelling overseas in recent years as the nation’s economy gains strength and its government relaxes rules on travel abroad. Figures from the China Tourism Authority show that total Chinese outbound departures are expected…
Dubai economy to grow nearly 3.0 percent: IMF
DUBAI (AFP) – The International Monetary Fund said Wednesday the economy of debt-laden Dubai was expected to expand by nearly three percent this year, on the back of robust trade, logistics and tourism sectors. “The recovery is taking hold, and…
Taj Palace Hotel Dubai targets Eastern Europe
PRLog (Press Release) – Apr 26, 2011 – UAE, April 2011 – The Taj Palace Hotel Dubai has identified Azerbaijan and Kazakhstan as key emerging markets for Dubai in 2011. According to Azerbaijan’s Economy Ministry Azerbaijan’s economy…
Tourists, businesses flee to Dubai to escape storm
DUBAI — Regional turmoil is creating an unexpected boom for Dubai as tourists and businessmen flock once again to the shopping and skyscraper oasis after fleeing just a few years ago in the wake of its spectacular debt debacle. Visitor numbers…
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 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…
