Dubai / WAM GCC visitors are driving demand in the UAE’s Northern Emirates, comprising more than 30 percent of hotel check-ins, which saw a positive uptick in Year-on-Year (YoY), occupancy, according to data released ahead of Arabian Travel Market (ATM 2018), which takes place at Dubai World Trade Centre from April 22-25. The data shows that of the overall increase ...

Bloomberg US stocks fluctuated as investors weighed an encouraging outlook for the semiconductor sector against disappointing results from Target Corp. The dollar weakened amid the developing trade spat over President Donald Trump’s proposed tariffs. The S&P 500 Index was mixed as semiconductor shares got a boost from a positive report by Goldman Sachs, and Target pulled down consumer staples producers ...

Reuters Gulf stocks were mixed on Tuesday, with the Saudi market up on steady oil prices. Outside of the Gulf, Egypt’s index continued to climb, reaching an all-time high as it benefits from the central bank’s decision to cut interest rates in February, the first time it has done so since letting the currency float freely in 2016. The Egyptian ...