Publication: Arabian Business

First reported 10 hours ago - Updated 5 hours ago - 1 reports

Dubai's Worlds of Adventures to open in early 2014

IMG Group's Worlds of Adventure theme park in Dubai is set to open in early 2014, a senior executive with the developer has said.The theme park, which will be located in Dubai’s much-delayed City of Arabia development in Dubailand, will consist of four ... [Published Arabian Business - 10 hours ago]
First reported 7 hours ago - Updated 7 hours ago - 1 reports

Bahrain economic growth seen at 5% this year

Economic growth in Bahrain is expected to rise to more than five percent this year on the back of a rebound in oil production and expansion in non-oil sectors. The said the Gulf kingdom saw GDP growth of 3.4 percent last year with non-oil sectors expanding ... [Published Arabian Business - 7 hours ago]
First reported 8 hours ago - Updated 8 hours ago - 1 reports

Abu Dhabi to see 15% growth in summer flights

Abu Dhabi International Airport will receive a total of 1,065 flights a week this summer, up 15 percent on the same period last year, its operator has announced. said airlines from around the globe are planning to increase their weekly number of flights ... [Published Arabian Business - 8 hours ago]
First reported 9 hours ago - Updated 9 hours ago - 1 reports

Muscat tops MidEast tourism performers in 2013

Hotels in Muscat have witnessed the strongest growth in revenue per available room (RevPAR) so far this year, according to data released by STR Global.Revenues in the Omani capital's tourism industry has grown by more than 15 percent in the first four ... [Published Arabian Business - 9 hours ago]
First reported 9 hours ago - Updated 9 hours ago - 1 reports

Back to the boom?

Booms, busts, subsidies and the ‘youth bulge’; the 8th Arabian Business Forum, held last week in Dubai, discussed some of the major issues currently facing the Gulf economies. Chaired by ITP chairman and BBC television presenter Andrew Neil, the forum ... [Published Arabian Business - 9 hours ago]
First reported 9 hours ago - Updated 9 hours ago - 1 reports

Marriott says Middle East revenues up 11% in Q1

US hotel giant Marriott International has announced that its RevPAR (revenue per available room) rose by more than 11 percent in the first quarter of 2013.The hospitality operator said the RevPAR increase was driven predominantly by a 4.1 percent growth ... [Published Arabian Business - 9 hours ago]
First reported 9 hours ago - Updated 9 hours ago - 1 reports

Paris Gallery's sweet smell of success

Dubai. Paris. London.New York. Paris Gallery Group CEO Mohammed Abdul Rahim Al Fahim is aiming to conquer them all with his family’s luxury retail chain.It would be a major scoop for a business that has bloomed from a small perfumery in the Sharjah desert, ... [Published Arabian Business - 9 hours ago]
First reported 9 hours ago - Updated 9 hours ago - 1 reports

Mahoney isn't talking baloney

Over the years it is no secret I have had some differences (putting in mildly) with estate agents. Okay, yes, I have given a lot of them a serious kicking (and largely deserved). In fact, I think I once even suggested every single estate agent in Dubai ... [Published Arabian Business - 9 hours ago]
First reported 9 hours ago - Updated 9 hours ago - 1 reports

Time in the sun?

Turkey’s achievement of investment-grade status crowns a decade of rapid growth, financial stability and political reform by a “tiger” economy on the seam of Europe and Asia, but the rising power still faces pitfalls in a dangerous neighbourhood.Moody’s ... [Published Arabian Business - 9 hours ago]
First reported 9 hours ago - Updated 9 hours ago - 1 reports

HSBC's rich pickings in Qatar

“We are number one and we are three times [the size of] number two.” This is how Abdul Hakeem Mostafawi, the CEO of HSBC Qatar, positions his bank among the group of international lenders currently plying their trade in Qatar. While this statement shows ... [Published Arabian Business - 9 hours ago]
First reported 10 hours ago - Updated 10 hours ago - 1 reports

Qatar GDP growth set to reach 7% in 2013 - Fitch

GDP growth in Qatar is expected to reach seven percent this year, Fitch Ratings has said in a new report.The rating agency said public sector would drive credit growth related to the $95bn of planned infrastructure spending between 2011 and 2016.Fitch ... [Published Arabian Business - 10 hours ago]
First reported 10 hours ago - Updated 10 hours ago - 1 reports

Jobs, transparency on agenda at MidEast summit

The World Economic Forum on the Middle East and North Africa opens in Jordan on Friday.The three-day meeting, convening under the theme Advancing Conditions for Growth and Resilience, will focus on shaping the region’s economic, social and governance ... [Published Arabian Business - 10 hours ago]

Quotes

Kotilaine said: "What is important is not just the level of economic growth in a given year but a development pattern that ensures sustainable and inclusive growth."
"An increase of over 10 percent in aircraft movement so far in 2013 also attests to Abu Dhabi's growth towards becoming an international aviation hub."
"Marriott International will be perfectly placed to accommodate the increasing number of visitors to the region." Marriott International's development pipeline in the MiddleMiddle East and Africa continues to grow with the announcement of five new property signings...
"Oman has benefitted from tremendous interest from the corporate sector with significant infrastructure investment and projects such as Duqm Port. The corporate demand is coupled with strong leisure business which is up 25 percent" she added

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Bahrain economic growth seen at 5% this year [Published Arabian Business - 7 hours ago]
Abu Dhabi to see 15% growth in summer flights [Published Arabian Business - 8 hours ago]
Marriott says Middle East revenues up 11% in Q1 [Published Arabian Business - 9 hours ago]
Muscat tops MidEast tourism performers in 2013 [Published Arabian Business - 9 hours ago]
HSBC's rich pickings in Qatar [Published Arabian Business - 9 hours ago]
Mahoney isn't talking baloney [Published Arabian Business - 9 hours ago]
Time in the sun? [Published Arabian Business - 9 hours ago]
Back to the boom? [Published Arabian Business - 9 hours ago]
Paris Gallery's sweet smell of success [Published Arabian Business - 9 hours ago]
Dubai's Worlds of Adventures to open in early 2014 [Published Arabian Business - 10 hours ago]
Qatar GDP growth set to reach 7% in 2013 - Fitch [Published Arabian Business - 10 hours ago]
Jobs, transparency on agenda at MidEast summit [Published Arabian Business - 10 hours ago]
Dubai SME company launches world’s first custom... [Published Arabian Business - 22 hours ago]
Saudi to hand Pakistan $15bn energy bailout – r... [Published Arabian Business - May 23 2013]
Dubai reveals new aviation vision to 2045 [Published Arabian Business - May 23 2013]
Qatar buys stake in Total’s Congo operations [Published Arabian Business - May 23 2013]
NASA to test new Dream Chaser spacecraft [Published Arabian Business - May 23 2013]
Ford closes plant in Australia [Published Arabian Business - May 23 2013]
US Secretary of State John Kerry visits Oman [Published Arabian Business - May 23 2013]
1,800 workers at Bahrain firm end strike [Published Arabian Business - May 23 2013]
USA economy stimulated by central bank [Published Arabian Business - May 23 2013]
IMF urges Britain to do more on growth [Published Arabian Business - May 23 2013]
Beatboxer FaithSFX entertains on Dubai Metro [Published Arabian Business - May 23 2013]
Qatar still backs dollar peg – cen bank boss [Published Arabian Business - May 23 2013]
No political crisis in Kuwait, claims speaker [Published Arabian Business - May 23 2013]
Dubai ruler launches 'm-Gov't' scheme [Published Arabian Business - May 23 2013]
Damac launches sales at luxury Dubai project [Published Arabian Business - May 23 2013]
Mall of Qatar project set for 2015 opening [Published Arabian Business - May 23 2013]
Etihad recruits pilots from partner airberlin [Published Arabian Business - May 23 2013]
Mindshare Media Summit offers groundbreaking Di... [Published Arabian Business - May 22 2013]
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