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MBRSC releases analytical study of Dubai coastlines

DUBAI / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) has announced the results of conducting an analytical study to monitor the changes on Dubai coastlines during varying periods between 2009 and 2015. The study covered the natural geographical and human changes the Dubai coastline witnessed, from Al Mamzar Beach Park to the Dubai Waterfront Project and the Arabian ...

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Dubai launches ‘Shay’ tea brand

Dubai / WAM Ahmed bin Sulayem, executive chairman of the Dubai Multi Commodities Centre (DMCC), has revealed on the sidelines of the 6th Global Dubai Tea Forum, the authority’s plans to introduce its own signature high-end tea brand, ‘Shay Dubai’. The new ‘Shay Dubai’ tea will be marketed under different flavours, including Dubai Spirit, Khaliji Blend, and Arabic Breakfast. DMCC ...

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du offers iPhone SE

abu Dhabi / Emirates Business du on Wednesday announced it will offer iPhone SE, the most powerful phone with a four-inch display, beginning April 6. iPhone SE packs the power of iPhone 6s in a beloved compact aluminum design that customers love, featuring a stunning four-inch Retina display and four gorgeous metallic finishes, including rose gold. With the exceptional performance ...

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Hilton Garden Inn hotel to be set up in Doha

EMIRATES BUSINESS Hilton Worldwide on Wednesday announced the signing of a management agreement with Universal Management Group to open the mid-market Hilton Garden Inn Doha C Ring Road. Set to open in 2018, the hotel is located in Qatar’s capital, Doha and once open will join Hilton Garden Inn hotels already operating in the UAE and KSA. “As one of ...

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UK preferred destination for Middle East travellers in 2015

EMIRATES BUSINESS Preferred Hotels & Resorts, the world’s largest global provider of sales, marketing and distribution services to independent luxury hotels, has announced that room nights from outbound business originating from the Middle East region increased by 21% in 2015, when compared with 2014. According to Preferred Hotels & Resorts boking data, the UK, France, Turkey, USA and Spain were ...

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China’s Homelink to raise $1 bn from Baidu, Tencent

Bloomberg Beijing Homelink Real Estate Brokerage Co. is raising about $1 billion to expand its reach across China, according to people familiar with the matter. The company, which focuses on rental and second-hand real estate transactions, has attracted funding from Chinese Internet giants including Tencent Holdings Ltd. and Baidu Inc., said the people, who requested not to be named because ...

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Shortage of homes hits the American midwest region

Bloomberg Home buyers in hot housing markets from San Francisco to Brooklyn have grown accustomed to bidding wars, waived home inspections, and rapid-fire offers. If you’re house-hunting in Omaha, Neb., Grand Rapids, Mich., or Indianapolis, you might want to brace yourself for similar tactics. Those cities and several others saw sharp declines in the number of homes for sale over ...

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What slump? UAE remains favourite for luxury shoppers

RITIKA SHARMA / EMIRATES BUSINESS Dip in oil prices may have affected most of the global industries in the Gulf Cooperation Council (GCC) region, in one or the other way, but it has made little difference to the UAE’s luxury shopping sector. However the slowdown has rephrased the way customers spend. In a recently-held GCC-centric survey, it has been found that, ...

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