Recent Posts

Dubai World Trade Centre welcomes 1.98mn visitors

DUBAI / WAM Dubai World Trade Centre (DWTC) has announced 2022 annual results with strong performances across its businesses, hosting 1.98 million delegates with a robust visitation growth of 29%. The results were driven by 244 MICE (Meetings, Incentives, Conferences, and Exhibitions), business and consumer events. Of these, 97 exhibitions and conferences attracted 1.18 million attendees of which 38% were ...

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Arada launches ‘Sarai’ at Sharjah’s forest community, Masaar

SHARJAH / WAM Arada has introduced home sales for the first time in Sharjah with the launch of Sarai, the fifth phase at its woodland megaproject Masaar. With prices starting from AED20 million, the inclusion of a limited selection of 36 mansions in this phase of the fast-selling development comes amidst growing demand for ultra-luxury properties both in Sharjah and ...

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Canned-tuna giant mulls Red Lobster unit exit as losses mount

BLOOMBERG Thai Union Group Pcl, one of the world’s biggest makers of canned tuna, is considering an exit from its loss-making Red Lobster unit less than three years after boosting its stake in the US restaurant chain. The first half of this year will be crucial in demonstrating whether management changes and an operational overhaul can trim losses at the ...

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