DUBAI / WAM Attendees from around the world will explore opportunities spanning the full spectrum of travel and tourism at the 31st edition of Arabian Travel Market (ATM), which will take place at Dubai World Trade Centre (DWTC) from  May 6-9, 2024. Revenue in the global travel and tourism market is projected to reach $854.7 billion this year, according to ...

SÃO PAULO / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has said that the halal market has transcended the borders of Islamic and Arab countries and is experiencing a period of continuous growth due to growing demand from consumers around the world. The statement came in a video message to open the Global Halal ...

AJMAN / WAM The Ajman Chamber of Commerce and Industry (ACCI) has received a delegation from the VitalLife Scientific Wellness Centre in the Kingdom of Thailand to discuss ways of cooperation, exchange of experiences, and investment opportunities in wellness, healthcare, and medical tourism. The Thai delegation, which was headed by Dr Wanviput Sanphasitvong, was received by Salem Al Suwaidi, Director-General ...

ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, the inaugural Al Wathba Dates Festival and Auction will be held from December 13-22, as part of the Sheikh Zayed Heritage Festival in Al Wathba. The event is organised by the ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today met with His Majesty King Hamad bin Isa Al Khalifa of Bahrain at his residence in Abu Dhabi. His Highness welcomed His Majesty King Hamad bin Isa Al Khalifa to the UAE and underscored the ...

BLOOMBERG Two out-of-production Airbus SE and Boeing Co jet series have become hot commodities, with plane values and monthly lease rates soaring for airlines fortunate enough to procure the aircraft. Used Boeing 737NG and Airbus A320ceo single-aisle models are now valued at about $20 million or more, according to analysts at Ishka, which specialies in aircraft pricing and valuation. The ...

BLOOMBERG Canada Goose Holdings Inc shares plummeted to a record low again in a row as economic and consumer pressures prompted a pair of analyst downgrades. The parka retailer’s stock fell 4.4% to close at $12.16, recovering some of its losses after sinking as much as 9.8% intraday following downgrades from Wells Fargo & Company and TD Cowen. The analysts ...

BLOOMBERG American Airlines Group Inc topped Wall Street’s expectations for third-quarter profit even as its forecast for the rest of the year fell short, underscoring the choppy environment as carriers are battered by climbing jet fuel prices. Adjusted full-year earnings will be between $2.25 and $2.50 a share, compared with its earlier outlook for as much as $3.75, American said ...

BLOOMBERG L’Oreal SA shares fell after the cosmetics maker reported weaker-than-expected sales growth, hurt by a challenging travel retail market in China and Korea. Like-for-like sales rose 11.1% in the third quarter, the French company said, below analysts’ estimates. Sales in the North Asia region unexpectedly tumbled 4.8%. “North Asia continued to be impacted by the reset in travel retail ...

BLOOMBERG Hong Kong-based Greater Bay Airlines Co plans to expand its route network into mainland China next year, belatedly entering an essential market after the country remained off limits during the Covid pandemic. The carrier, a new entrant to an Asian hub dominated by Cathay Pacific Airways Ltd, will first fly to Shanghai and Beijing, and then gradually to cities ...