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Dubai’s private sector gains momentum in Q2

  Dubai / Agencies The private sector in the Emirate of Dubai gained momentum by the beginning of Q2 2017 as business conditions improved in key platforms, according to the latest Emirates NBD Dubai Economy Tracker Index. The index is a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy. The data ...

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GCC visitors at ATM 2017 up 10%

  DUBAI / WAM This year’s Arabian Travel Market (ATM 2017) witnessed a 10 percent increase in visitors from the GCC and a 7 percent increase in international visitors to the event, which was held in Dubai World Trade Centre from April 24 to 27, organisers said. For the second year in a row, visitor numbers smashed through the 28,000 ...

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Nakheel issues tender for AED670mn RIU resort

  DUBAI / WAM A joint venture between Dubai master developer Nakheel and leading Spanish hospitality group RIU Hotels and Resorts has moved a step closer with the release of a construction tender for an 800-room, beachfront resort and water park at Deira Islands. With an investment value of AED670 million, the resort – RIU’s first in the Middle East ...

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