Tuesday 22 July 2014
 
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July

Abu Dhabi hotels see record check-ins

More guests have checked into Abu Dhabi’s 146 hotels and hotel apartments in the first seven months of this year compared to any other comparative period, according to figures released by Abu Dhabi Tourism and Culture Authority (TCA Abu Dh

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Etihad Cargo tonnage up 37pc in July

Etihad Cargo, a part of UAE flag carrier Etihad Airways, has posted a tonnage of 45,000 tonnes in July, a 37 per cent increase on the same month in 2012. The figures were driven largely by increases in key export markets such as I

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Cadillac July sales rise 29pc in Mideast

Sales of Cadillac, General Motors’ luxury brand, rose 29 per cent in the Middle East year-on-year in July, as dealers recorded their best ever sales for the ATS and their best July sales month for the SRX. Cadillac sales in

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DGCX trading volume up 55pc in July

Dubai Gold and Commodities Exchange (DGCX) has recorded trading volume growth of 55 per cent in July, over the same period last year.   DGCX’s currency segment continued to contribute a significant share of volumes, reco

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July deadliest month for Iraq since 2008

More than 1,000 Iraqis were killed in sectarian violence in July, the highest monthly death toll since 2008, the UN said on Thursday, as Sunni Islamist groups stepped up their insurgency against Iraq's Shi'ite-led government.

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Gold adds to strong monthly gains

Gold gained on Wednesday as the metal's strong performance in July prompted some month-end buying from funds, as traders awaited further clarity from the US Federal Reserve on the timing of any pull-back in stimulus measures.  &n

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ME airlines top global traffic growth for July

Middle East carriers experienced 11.2 per cent year-over-year growth in air travel during July, the highest among any region in the world, and air freight carriers recorded a 16 per cent increase in demand year-on-year while all other markets sa

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Mercedes-Benz ME posts record sales

Mercedes-Benz Middle East & Levant has posted record breaking 10 consecutive months of double digit regional growth, with year to date (YTD) sales up 16 per cent on 2011. Regional distributors in Abu Dhabi, Bahrain, Kuwait and Qatar

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Audi ME posts record July sales

Audi Middle East has posted its strongest July sales figures ever with a total of 661 units sold, marking a 34 per cent increase over the same period in 2011. Audi overall sales in the region rose by 17 per cent in the first seven month

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Dubai sees strongest July property sales

Dubai’s real estate industry achieved the highest number of unit sales and corresponding total unit value for any month of July on record according to data sourced from the Dubai Land Department. With 1,767 transactions, the indus

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