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Last Updated: Fri, Apr 29 2016 | 11:42 AM |
Etihad-backed Alitalia cuts losses by two thirds in 2015
Transport»

Etihad-backed Alitalia cuts losses by two thirds in 2015

Friday, 29 April 2016 3:42 PM

Italian flag-carrier on track to turn a profit in 2017 as restructuring plans take hold

UAE's Etihad inks global sponsorship deal for fashion week events
Fashion»

UAE's Etihad inks global sponsorship deal for fashion week events

Friday, 29 April 2016 11:21 AM

Abu Dhabi carrier signs agreement to partner with fashion weeks in New York, London, Milan, Berlin, Sydney and Mumbai

World Bank raises 2016 oil price forecast to $41 per barrel
Energy»

World Bank raises 2016 oil price forecast to $41 per barrel

Friday, 29 April 2016 10:29 AM

Forecast comes amid improving market sentiment and a weakening dollar; oversupply seen receding

Oman says to add 2,000 luxury hotel rooms during 2016
Travel & Hospitality»

Oman says to add 2,000 luxury hotel rooms during 2016

Friday, 29 April 2016 10:29 AM

Ministry of Tourism says major international hotel chains to open new properties in sultanate this year

Rocco Forte says to make Saudi hotel debut in September
Travel & Hospitality»

Rocco Forte says to make Saudi hotel debut in September

Friday, 29 April 2016 10:28 AM

Assila Hotel in Jeddah will offer 210 rooms and suites; will feature more than 2,000 pieces of art

Ferrari World Abu Dhabi plans phase 3 of expansion
Travel & Hospitality»

Ferrari World Abu Dhabi plans phase 3 of expansion

Friday, 29 April 2016 10:27 AM

Three major rides and attractions that 'the world has never seen before' will be added by early 2017

Middle East tourism generates $194bn in 2015, 8% of GDP
Travel & Hospitality»

Middle East tourism generates $194bn in 2015, 8% of GDP

Friday, 29 April 2016 1:33 AM

President and CEO of the World Travel & Tourism Council says region must continue to invest as part of economic diversification

Dubai property prices slump by most in five years in Q1
Property»

Dubai property prices slump by most in five years in Q1

Friday, 29 April 2016 1:33 AM

Cluttons says 2.2% decline is biggest quarterly decrease in average residential values in five years

Turkey deploys soldiers to new military base in Qatar
Politics & Economics»

Turkey deploys soldiers to new military base in Qatar

Friday, 29 April 2016 1:32 AM

Move marks a strengthening of cooperation between two countries that have both provided support for the Muslim Brotherhood in Egypt

Dubai's Jumeirah inks deal to run luxury hotel in Istanbul
Travel & Hospitality»

Dubai's Jumeirah inks deal to run luxury hotel in Istanbul

Friday, 29 April 2016 1:32 AM

Turkey’s Kuzu Group has appoints Dubai firm to operate mixed-use development in the city's Ataköy district

UAE retail firms face challenges amid VAT launch in 2018
Retail»

UAE retail firms face challenges amid VAT launch in 2018

Friday, 29 April 2016 1:32 AM

KPMG's tax chief in the UAE says retail sector will be particularly affected by introduction of value-added tax

Dubai's Abraaj leads $30m investment in logistics provider
Banking & Finance»

Dubai's Abraaj leads $30m investment in logistics provider

Friday, 29 April 2016 1:31 AM

Company invests in Ninja Logistics Ltd; capital to be used to roll out in new markets, including Thailand, Vietnam and the Philippines

Qatar hospital launches two pharmacy 'robots'
Healthcare»

Qatar hospital launches two pharmacy 'robots'

Friday, 29 April 2016 1:31 AM

New system is able to dispense 1,200 prescriptions per hour compared to previous capability of 1,800 per day

Dubai's ENOC installs first electrical car charging stations
Energy»

Dubai's ENOC installs first electrical car charging stations

Friday, 29 April 2016 1:31 AM

Company announces launch of nine charging stations at its service stations across Dubai

UAE's Al Rawdah invests $32.6m in new Liwa poultry farm
Retail»

UAE's Al Rawdah invests $32.6m in new Liwa poultry farm

Friday, 29 April 2016 1:31 AM

Phase 1 starts, with farm production set to reduce reliance on imported eggs by 50%, says company


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