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Madinah room prices skyrocket during EidHotel room prices in Madinah, Saudi Arabia skyrocketed during Eid as thousands of visitors from across the kingdom travelled to the holy city for the holidays, said a report. The prices of accommodation in Madinah vary depending o More… |
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Global airline share prices up 7.8pc in MayGlobal airline share prices made strong gains in May, rising 7.8 per cent in the month, to be more than 20 per cent higher over the past year. Airline shares have now outperformed the global equity index in year-on-year terms, for More… |
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Dubai leads hospitality sector growthDubai is leading the growth in the region's hospitality industry, with the highest average price per key in Q1 2017 amongst the 21 cites in the Mena region at $446,000, an increase of $4,000 on Q4 2016. Dubai's hotel perfo More… |
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Global airline share prices hit highest level since Oct 2015Global airline share prices rose by 2.5 per cent in April, taking them to their highest level since October 2015. The global airline index has now risen by 10 per cent over the last year, just below the 13 per cent increase seen in global equiti More… |
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Global airline share prices down 1.5pc in MarchGlobal airline share prices fell by 1.5 per cent in March, partly unwinding recent gains. The global index is now unchanged from a year ago, while global equities overall are up 13 per cent over the same period. According to an ai More… |
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Oil price slips further, markets focus on supply overhangFriday morning saw oil prices fall, as markets turned their focus to a persistent fuel supply overhang that is not expected to abate unless OPEC and other producers make a significant cut to their output, said a report. Internatio More… |
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Oil prices stay strong at over $50/barrelOil prices settled above $50 in early Asia trade Friday, owing to declining US inventories and reports that key members of the Organization of the Petroleum Exporting Countries (Opec) and Russia will meet next week to discuss Russia’s part More… |
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Oil prices drop as growing supplies stoke glut concernsOil prices fell more than 1 per cent on Friday as news of rising Iranian exports and returning supplies from Libya and Nigeria following interruptions fuelled concerns that the global glut will persist. Benchmark Brent crude futur More… |
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Oil prices drop on returning Libya, Nigeria suppliesOil prices fell on Friday on worries that US rig counts would continue to rise and that returning Libyan and Nigerian exports would stoke a global supply glut. Brent crude futures were trading at $46.20 per barrel at 0643 GMT, dow More… |
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Dubai residential market sees mixed performanceDubai's residential market witnessed a mixed performance in August, said a report by ValuStrat, a leading consulting firm headquartered in Dubai providing advisory, valuation, research, due diligence and divestment services. The Aug More… |
