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Now in its fifth year, the report covers all aspects of local cost of living indices across Abu Dhabi, Dubai and the Northern Emirates.
The topics studied are those affecting day-to-day life in the UAE; …Read full article » United Arab Emirates: Monday, July 14 - 2008 @ 13:59
As far as the Middle East is concerned, there is no evidence that high oil prices have led to a slowdown in the travel industry, says John Podaras, Operations Manager at TRI Hospitality Consulting.
Hotel …Read full article » United Arab Emirates: Monday, June 23 - 2008 @ 12:06
Up to 500,000 new staff will be needed over the next five years to meet the human resource requirements of hotels in the UAE, according to Siegfried Nierhaus, General Manager, Radisson SAS Hotel, Dubai Media …Read full article » United Arab Emirates: Monday, June 16 - 2008 @ 12:48
Dubai International Airport currently ranks 27th in the world in terms of passenger traffic, but that ranking is set to change dramatically in the next few years, according to Paul Griffiths, CEO of Dubai Airports. …Read full article » United Arab Emirates: Tuesday, June 03 - 2008 @ 09:42
This is at the bottom of the scale currently being considered which stands at between 3% and 5%, but is in line with IMF recommendations for the duty.
VAT is scheduled to replace the current Customs …Read full article » United Arab Emirates: Monday, June 02 - 2008 @ 10:08
Work on the project began in August 2005 and both main lines are expected to be fully operational by March 2010.
Once active the system will integrate with the city’s existing public transport arteries, as well …Read full article » United Arab Emirates: Thursday, May 29 - 2008 @ 14:49
Nine major licensing deals have been struck in the past year between local investors and some of the top names in the global entertainment business such as Six Flags and Legoland.
Global film studios such …Read full article » United Arab Emirates: Monday, May 26 - 2008 @ 10:24
This is the first time that the US Treasury’s global currency outlook has examined the GCC and it recognizes the obvious inflationary pressures that the dollar-peg is putting on the Gulf States.
‘We believe the addition …Read full article » United Arab Emirates: Sunday, May 25 - 2008 @ 12:20
They also sell up on local bourses and this year seems no exception to the rule. But instead of putting the money in a deposit account, precious metals are likely to be the resting place …Read full article » United Arab Emirates: Wednesday, May 21 - 2008 @ 09:26