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Qatar Airways has acquired a 9.99 percent stake in the publicly listed IAG, owner of British Airways and Iberia, the carrier announced on Friday (January 30).
The airline went on to disclose that it may consider …Read full article » : Sunday, February 01 - 2015 @ 16:08
Hotels in the Middle East and Africa region witnessed modest gains in occupancy, revenue per available room (RevPAR) and average daily rate in 2014, according to research firm STR Global.
STR Global’s hotel performance results for …Read full article » : Thursday, January 29 - 2015 @ 12:38
Dubai International Airport (DXB) secured its position as the busiest airport globally for international passengers last year, according to Dubai Airports’ traffic report.
In 2014, 70.47 million passengers travelled through DXB, an increase by 6.1 per …Read full article » : Wednesday, January 28 - 2015 @ 13:26
The GCC states are set to invest more than $200 billion in establishing a wide-network of integrated railways across the region over the next few years.
The GCC rail project is to deepen economic, social and …Read full article » : Tuesday, January 13 - 2015 @ 13:41
Air Arabia has bought a 49 per cent stake in Jordan’s Petra Airlines, the UAE-based carrier announced on Monday.
Following the acquisition, the low-cost carrier will open a new international hub at Amman Queen Alia International …Read full article » : Tuesday, January 06 - 2015 @ 14:18
The Roads and Transport Authority (RTA) has signed a cooperative agreement with the Dubai Municipality to guarantee the operation, maintenance and improvement of the Dubai Tram with a view to delivering top-class services to the …Read full article » : Sunday, December 28 - 2014 @ 14:40
Following a roller coaster trading day, the Dubai financial market general index (DFMGI) gained for the third session straight ending up 0.20 per cent at 4,588.08 points on Tuesday, November 11.
Amid solid input from Asia, …Read full article » : Tuesday, November 11 - 2014 @ 18:08
The Qatar tourism industry remained buoyant in H1 2014, according to figures released by the Qatar Tourism Authority (QTA).
“Confidence in Qatar’s tourism sector remains buoyant and our efforts continue to bear fruit in terms of …Read full article » : Wednesday, October 29 - 2014 @ 12:50
HE the Minister of Works Eng. Essam bin Abdulla Khalaf announced the commencement of works on the 2nd intersection along Sh. Khalifa bin Salman Highway and the highway linking Roundabouts 13 & 18. The new …Read full article » : Saturday, October 18 - 2014 @ 16:26
H.E. Sultan Ahmed bin Sulayem, Chairman of DP World and Chairman of Ports, Customs and Free Zone Corporation, has received the Atlantic Council Leadership Delegation, headed by Chairman Jon M. Huntsman. Bin Sulayem presented to …Read full article » : Saturday, October 18 - 2014 @ 15:13