Bloomberg Qantas Airways Ltd. Chief Executive Officer Alan Joyce’s compensation almost doubled in the latest financial year after he helped revive the faltering Australian carrier. The total package for Asia Pacific’s best-paid airline executive surged to $19.7 million in the 12 months through June 30, from about A$13 million a year earlier, according to the company’s annual report released Friday. ...

Dubai / WAM Spending within the UAE’s travel and tourism sector is expected to rise steadily over the next five years and reach over $56 billion in 2022 as new mega-projects come to market, a recent analysis conducted by the Dubai Chamber of Commerce and Industry shows. The analysis, based on data from Business Monitor International (BMI) and the World ...

Dubai / WAM More new business opportunities in the GCC recently opened up for Brazilian investors with $32 billion worth of large-scale urban construction projects now being tendered in the region, according to the Arab-Brazilian Chamber of Commerce (ABCC). The ABCC, which aims to foster economic, cultural, and tourism ties between Arabs and Brazilians, said that the report released by ...