Barcelona / Bloomberg The Majestic, a luxury hotel in downtown Barcelona, is bumping up room prices by two thirds as delegates including Facebook Inc. founder Mark Zuckerberg troop into Spain’s second city for the annual Mobile World Congress (MWC). “This is the biggest week of the year for hoteliers,” said Santiago Martin, communications manager for the Majestic Hotel Group. The ...

Dubai / Emirates Business According to the latest Chestertons MENA Observer report, the rentals in majority of the apartments sector across prime areas in Dubai didn’t witness any change in Q4 of 2015. However, locations such as Jumeirah Park, Islands and Golf Estates observed a slight rental decrease of 3%, 2% and 2% respectively. Villa segment also saw a decrease ...

Dubai / Emirates Business Emirates National Oil Company (ENOC) announced its local and global growth strategy at the Group’s 2016 Annual Performance Meeting. His Excellency Saif Al Falasi, ENOC’s Group Chief Executive Officer, explained that the company’s strong integrated business model will enable it to withstand the challenges associated with the ongoing oil price volatility. Despite the difficult macroeconomic situation, ...