Dubai / Emirates Business Despite the short-term challenges posed by global macroeconomic factors across the GCC, the region’s tourism and hospitality industry remains on an upward trajectory as govern- ments recognize the potential of the sector in enabling revenue diversification and job creation, and actively invest in its development. Set to be worth $36.7 billion by 2020 according to Euromonitor ...

Dubai / WAM A steppingstone for a unified clearing house in the UAE has been laid by the Abu Dhabi Securities Exchange (ADX), and Dubai Gold and Commodities Exchange (DGCX) to accelerate growth and development of the UAE financial markets and raise the bar in terms of trading and clearing standards. This came through a Memorandum of Understanding (MoU) ADX ...

Dubai / WAM In line with Dubai Tourism’s vision of attracting 20 million visitors per year by 2020, Atlantis, The Palm, has announced a US$100 million refurbishment programme across Atlantis, The Palm, as well as an expansion with the brands second property, The Royal Atlantis Resort and Residencies also located on The Palm. Atlantis, The Palm shares impressive results during ...