- Sharjah Hotels occupancy rate jumped to 67 percent in H1.
The improved performance brought the hotel group closer to pre-pandemic levels in the second half of 2022, showing a steady return in customer confidence
The hotel group is looking for opportunities to expand its portfolio of managed hotels and catering contracts
- Saudi Arabia will see a boom in construction of hotels in 2023, with some 63,753 to be available for guests...
According to the TOPHOTEL Projects, some 80 hotel projects in the kingdom are scheduled for completion next year
Saudi Arabia has led the hotel construction market in the Middle East with some 37,654 rooms being built at the end of the second quarter of 2022
- Most luxurious vacations are purchased through crypto, same goes for luxury real estate and many more retail services, says Atul...
Most luxurious vacations are purchased through crypto, same goes for luxury real estate and many more retail services, says Atul Hegde, NFT & digital marketing expert
The biggest challenge is ‘acceptance’. A confident consumer base compatible with dealing in crypto is needed to push these payments, he adds
- European aircraft maker Airbus has cancelled its contract to deliver 19 A350 planes to Qatar Airways, a source close to...
Airbus had already cancelled a multi-billion-dollar order of 50 planes from Qatar Airways, a major customer, earlier in the year.
Qatar Airways has been locked in dispute with Airbus over degradation of exterior fuselage surfaces on some of its A350 planes.
- The French government warned Wednesday that companies might have to reduce energy use this winter even with the country's natural...
Moscow has slashed its exports to Europe in response to punishing Western sanctions over the invasion of Ukraine by Russian forces.
France is less reliant on Russian supplies than other EU countries, but its industrial sector still relies on gas and millions of people use it.
- After cutting production in 2020 in response to falling prices during the Covid pandemic, OPEC+ began to modestly raise it...
The cartel led by Saudi Arabia and Russia has so far resisted US pressure to ramp up production significantly.
Biden visited Saudi Arabia in July to convince the Kingdom about producing more oil and stabilizing market.
- UAE’s publishing sector has grown by 150 percent during the current decade and it will reach $650 million in 2030,...
UAE’s publishing sector has grown by 150 percent during the current decade and it will reach $650 million in 2030.
The global media and entertainment services sector will reach $2.4 trillion in 2023.
- The freighters will upgrade Etihad's freight capacity.
With this order, Etihad adds to its existing order of the largest passenger version of A350-1000s, five of which have been delivered.
Etihad has also firmed up a long-term agreement for Airbus' Flight Hour Services (FHS) to support its entire A350 fleet.
- More than 45 types of dates have been placed at the auction grounds at the Buraidah Dates Festival, which began...
The auction yards also witnessed the arrival of more than 3000 thousand cars and 950 tons of dates within three days.
Agriculture is still the cornerstone of the economy in Buraidah. Thousands of farmers and young people depend on the income generated from date farming.





















