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Etihad to suspend Dallas/Fort Worth operationsUAE national airline Etihad Airways has announced plans to suspend its Abu Dhabi–Dallas/Fort Worth (DFW) route early next year following American Airlines’ decision to terminate its codeshare deal with the Abu Dhabi carrier. More… |
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Saudi Arabia's hotel market value to hit $4.3bnThe hotel market value in Saudi Arabia is set to reach $4.29 billion in 2017, according to a new report. The new figures are revealed as part of a hotel market value report prepared by Euromonitor International ahead of The More… |
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Mena region's superyacht fleet to see continued growthThe propensity of ultra-high net worth individuals (UHNWIs) in the Mena region to buy superyachts built within the last 15 years is 20 per cent, the second highest in the world after Eastern Europe (46 per cent), with propensity to buy based on More… |
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Mena region's superyacht fleet to see continued growthThe propensity of ultra-high net worth individuals (UHNWIs) in the Mena region to buy superyachts built within the last 15 years is 20 per cent, the second highest in the world after Eastern Europe (46 per cent), with propensity to buy based on More… |
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Ultra wealthy to spend more on luxury goodsThe spending of ultra-high-net-worth individuals (UHNWIs) on luxury goods is set to increase globally this year, said a survey. The Wealth Report’s Attitudes Survey found that over a third of the wealth advisors expected the More… |
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GCC rail projects 'worth $194bn'Railway construction projects worth $194 billion are currently planned or underway in the GCC and is set to transform life and work in the region in the next decade, said a report. About $30 billion of major rail project contracts More… |
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Iraqi 'oilfield worth $7bn'Russian oil company Lukoil could gain reserves worth up to $7 billion if it manages to revive a Saddam-era Iraqi oil deal, analysts at JP Morgan said. The Russian government has called on Iraq to support Russian oil and gas investments th More… |
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UAE industrial sector worth $19.9bnThe Emirates’ industrial sector has made huge strides over the past four years and was worth Dh73 billion ($19.9 billion) by end of 2007, said UAE's minister of state for finance & industry. Addressing the Dubai Industrial Investm More… |
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Gulf FM market worth $892bn in 25 yearsThe facilities management (FM) market in the Gulf will be worth an estimated $892 billion over the next 25 years, according to a study. The figures released by Middle East Strategy Advisors (Mesa) show that the FM industry in the UAE alone More… |
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GE Healthcare names EAGM presidentGE Healthcare, the $17 billion healthcare business of General Electric Company (GE), has combined the Eastern and Africa growth markets (EAGM) region into a single International Diagnostic Imaging operation and appointed its new chief. Ri More… |
