Recent Posts

US has an edge over China in tariff war

Bloomberg President Donald Trump defended his use of tariffs that have inflamed tensions with China and Europe, telling an audience of diehard supporters that playing hardball on trade is “my thing.” “We have really rebuilt China, and it’s time that we rebuild our own country now,” Trump said during about an hour of free-wheeling remarks at a rally outside Columbus, ...

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Nakheel invests AED15mn in new Palm Jumeirah marinas

DUBAI / WAM Master developer Nakheel is investing AED15 million to increase boat mooring capacity on Palm Jumeirah, with two new marinas that will bring the total berths on the island to 600. New marinas are on the way at Nakheel’s Azure Residences waterfront apartment and resta-urant complex on island’s eastern trunk, and at The Pointe, Nakheel Malls’ upcoming sea-front ...

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Ajman eyes 700,000 hotel guests annually by 2019

Ajman / WAM The Department of Tourism Development in Ajman seeks to meet the goals of Ajman Vision 2021, which includes raising the number of hotel guests to some 700,000 annually, and booking approximately 2.2 million guest hotel nights by 2019, an increase of 64 percent, as well as a surge in the emirate’s hotel occupancy rate of 80 percent ...

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