DUBAI / WAM A twenty-one percent increase in Chinese arrivals to the GCC is expected by 2021, rising to 2.5 million visitors annually, according to data released ahead of Arabian Travel Market (ATM) 2018, which takes place at the Dubai World Trade Centre in April. Published by Colliers International, the data predicts Saudi will experience the highest proportionate increase in ...

DUBAI / Agencies Dubai-based ports operator DP World and India’s National Investment and Infrastructure Fund (NIIF), a quasi sovereign wealth fund, said on Monday they had created a fund to invest up to $3 billion of equity in the transport and logistics sectors in India. The money will target acquiring assets and developing projects in sea and river ports, freight ...

Bloomberg Abu Dhabi’s government oil producer received bids in the fourth quarter from international energy companies seeking stakes in offshore fields that pump about 25 percent of the Persian Gulf emirate’s crude. Abu Dhabi National Oil Co. is reviewing commercial bids from the companies it will choose from to help develop the deposits in a new joint venture, Adnoc said ...