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Tourism

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

  • UAE tourism generates $12.24bn in hotel revenues in 2024: Minister

    Abu Dhabi, UAE --  Hotel revenues in the UAE reached approximately AED 45 billion ( $12.24 billion) in 2024, reflecting a 3 percent year-over-year growth, said Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the Emirates Tourism Council. Hotel occupancy rates also climbed to 78 percent last...