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February

Kuwait set to float $493m gas pipeline tender in February

Kuwait Oil Company (KOC) is set to next month float the final tender for a  KD150-million ($493 million) gas pipeline planned mainly for transportation of natural gas from North Kuwait to its refinery in Mina Ahmadi, said a report.  &n

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Kuwait set to float $493m gas pipeline tender in February

Kuwait Oil Company (KOC) is set to next month float the final tender for a  KD150-million ($493 million) gas pipeline planned mainly for transportation of natural gas from North Kuwait to its refinery in Mina Ahmadi, said a report.  &n

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Oman hotel revenues cross $100m in first two months

Hotels in Oman experienced a positive start to the year as revenues of the three- to five-star hotels climbed up 11.5 per cent to OMR41.30 million ($107 million) in the first two months, a significant increase from the OMR37.05 million ($95.9 mi

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ME carriers’ freight volumes up 7.4pc in February

Middle Eastern carriers’ year-on-year freight volumes increased 7.4 per cent in February 2018, and capacity increased 7.6 per cent, according to figures released by the International Air Transport Association (Iata). The reg

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Dubai receives 6.93m passengers in Feb

Dubai International Airport (DXB) welcomed nearly 7 million passengers in February, according to the monthly traffic report issued by operator Dubai Airports today.   The monthly traffic in February totalled 6,928,547 compared

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Abu Dhabi hotel guest numbers up 15pc in Feb

Hotels in Abu Dhabi recorded a 15.2 per cent increase in the number of guests staying in the emirate in February compared to the same month last year,  with a surge in Chinese guests spearheading increases for all key source markets.

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ME hotel occupancy, rates down in February

February seemed unfavourable for the Middle East hospitality sector as hotels reported negative performance results during the month, new data revealed. According to data from STR, occupancy levels in the Middle East slipped 0.7 p

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Dubai’s business licensing gains pace in February

The Department of Economic Development (DED) has issued 1,646 new business licences during February and completed 23,407 business registration and licensing transactions, as Dubai maintained its ability to attract businesses looking to grow comp

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Turkish Airlines passenger numbers up 26pc in Feb

State carrier Turkish Airlines said on Tuesday that its passenger numbers for the month of February rose 26 per cent compared to figures recorded in 2017, reaching 5.1 million passengers. According to a statement released by the c

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Abu Dhabi hotel revenues drop in February

Hotels in Abu Dhabi recorded low room rates in February as demand slowed due to an off year for a key biennial exhibition, which will be held once again in 2019, according to new data. Figures released by STR revealed that revenue

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