Wednesday 1 June 2016
 
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Global demand for in-flight broadband hits new heights

Airline passengers now not only expect broadband services to be offered as standard during flights, but more than half would prefer in-flight connectivity to in-flight meals, a new survey has revealed. The In-Flight Connectivity S

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ME carriers lead air travel demand growth

Middle East carriers reported a staggering 12 per cent rise in global air travel demand in March, which was the largest increase among all the regions. According to a report released by The International Air Transport Association

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UAE credit demand rebounds

Demand for credit in the UAE rebounded in the January-March quarter after dipping during the previous quarter, a central bank survey showed on Thursday. The net balance measure for business lending - the weighted percentage of res

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Global steel demand sees decline

The World Steel Association recently cut its forecast for 2016 global steel consumption, but expects to see a return to growth in 2017, a report said. The finished steel consumption this year is likely to reach 1,488 million metri

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Abu Dhabi sees big demand for affordable housing

The downward readjustment of housing allowances amongst companies in Abu Dhabi is creating further strain on the higher end of the residential market and underscores the need to address the UAE capital’s lack of affordable housing options,

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Mideast airlines' capacity up 16.9pc in February

Middle East carriers saw demand for international air travel jump 11.3 per cent in February compared to a year ago but this was exceeded, however, by a 16.9 per cent rise in capacity, said a report. This caused load factor to drop

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ALE unveils new cloud managed network service

​ALE, operating under the Alcatel-Lucent Enterprise brand, has unveiled a new cloud managed network infrastructure service designed and delivered by its business partners.    The new Alcatel-Lucent Network o

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Oil dips on stronger dollar, demand fears

Oil prices dipped on Wednesday, weighed down by a strengthening US-dollar and concerns over slowing demand, although falling US production lent crude markets some support. US crude futures CLc1 were trading at $36.46 per barrel at

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Abu Dhabi free-hold property 'to be in big demand'

With the new real estate regulatory legislation coming into force this year, Abu Dhabi is likely to see a spurt in free-hold property, stated Nationwide Property Middle East, a pioneer in real estate marketing based in Abu Dhabi.

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Demand-supply ratio may soften UAE housing rentals

The rental market in the UAE’s  real estate sector will soften further in 2016 due to the widening gap between demand and supply. The focus on the affordable housing market sector will further enable the industry to mai

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