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Airbnb revenues up 421% in Dubai

Dubai / Emirates Business Revenues for properties listed on the online marketplace and hospitality platform, Airbnb, in Dubai during August 2015 and August 2017 increased by 421 percent to top $3.3million in August 2017, with listings nearly tripling to 3,249. The relaxation of rules, effectively making it possible for home owners and tenants to cut out the middleman and list ...

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6,303 factories in UAE running investments of AED103 billion

Abu Dhabi / WAM Up to 6,303 factories have been running investments worth more than AED103.1 billion in the UAE until the end of 2016, a top Ministry of Economy official told Emirates News Agency (WAM). “The food and beverage industry accounts for 30 percent of the total volume of the country’s industrial sector followed by the primary mineral industries ...

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Etihad Airways to launch flights to Azerbaijan

Abu Dhabi / WAM Etihad Airways will launch scheduled flights between Abu Dhabi and Baku, Azerbaijan, effective March 2, 2018. The new route is being introduced to capitalise on the strong and growing demand for flights between the UAE and Azerbaijan. The service will operate three times a week using a 136-seat Airbus A320, configured with 16 seats in Business ...

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