Home UAE Dubai

Dubai

Underwater Hotels – Unique Concept, But Are They Profitable?

Tea Ros, managing director at Strategic Hotel Consulting, examines the challenges developers face in underwater construction.

Emirates To Start Sixth Daily Bangkok Service And Entering Ukraine

The airline will be effectively offering shuttle services throughout the day to Bangkok this winter.

Top 10 Iftars In Dubai

A list of the top iftars around Dubai this Ramadan and what they charge along with their major attractions.

Dubai’s Nakheel Reports 57% Profit Rise In First Half Of 2013

The debt-ridden developer made a net profit of Dhs1.2 billion during the first half of the year on higher revenues.

Dubai’s New Address System To Ease Travel

The new 10-digit codes will eliminate the need for complicated and lengthy street addresses.

Emirates Starting A380 Mauritius Flights In December

The double-decker will cater to growing leisure demand and serve multiple destinations across Emirates’ global network.

Dubai Could Raise $1bn From Telecom Sales

Dubai has alledgely put its 26 per cent stake in Axiom Telecom and 35 per cent stake in Tunisie Telecom on the block.

Dubai Metro Extends Timings During Ramadan

Public transport facilities including the metro and buses will operate on revised timings during the holy month.

Mortgage Lender Tamweel To Delist From Dubai Bourse

The move is in preparation for its complete acquisition by Dubai Islamic Bank

Dubai Property Prices Up 17% In Q2 2013

Apartment sale prices rose significantly in the second quarter of the year compared to Q1 2013, finds new report.

QE2 To Become Luxury Hotel In Asia

Dubai World’s investment arm Istithmar bought the vessel from Cunard for $100 million back in 2007.

Dubai’s Al Sufouh Tram Project Gearing Up For Nov 2014 Start

The Roads and Transport Authority plans to sign MoUs for the tram project within the next few months.

GCC Hospitality Market Records Strong Q1 Performance

Events and established tourist attractions sustain robust performance in the hospitality sector for some Middle East cities.

Dubai Plans New ‘Mini World Park’, Central Library

Dubai’s ruler Sheikh Mohammed has approved a host of new projects to be undertaken by the Dubai Municipality.

India’s BSE Launches Futures Trading On Dubai Bourse

Under an agreement with Indian bourse BSE derivatives exchange DGCX started trading futures for the S&P BSE SENSEX.

Dubai Court Upholds Prison Sentence For Britons On Drug Trial

An appeals court has upheld the four-year sentence handed down to Grant Cameron, Karl Williams and Suneet Jeerh in April on drug charges.

Damac Launches Serviced Villas With Paramount

The new project will be situated alongside the Trump golf course within the new Akoya development.

Malaysia Airlines Restarting Dubai Flights

Carrier identifies demand for August resumption, but Emirates provides stiff competition.

Dubai’s MAF Plans Dhs3bn Expansion To Malls, Hotels

Majid Al Futtaim plans to launch two new hotels and upgrade Mall of the Emirates and Deira City Centre and build a new cinema complex.

Dubai’s ENOC ‘Investigating’ Sri Lanka Diesel Cargo Quality

Sri Lanka returned a 40,000-tonnes diesel cargo shipment from ENOC on Thursday saying it was “not up to the required specifications”.

Emaar, Meraas Launch Affordable Hotel Brand, Dubai Inn

The new hotels will be located across the city, and aim to support Dubai’s goal of attracting 20 million visitors by 2020.

Dubai’s Emirates Plans New Aircraft Lease Deal For A380

The airline plans to lease the Airbus A380 aircraft from a finance company that will issue $630 million of bond-type certificates to fund the purchase.

Dubai-Based App Wally Receives Dhs1.5m Funding

The personal finance application has 100,000 active users and plans to introduce a new planning and budgeting feature.

Baskin-Robbins Opens 650th Middle East Store

The opening also marked the U.S.-brand’s 34th year in the UAE as figures show it occupies 69 per cent of the local market share.

DP World Increases Dubai Port Capacity

The extension of Terminal 2 by one million TEU increases total capacity to 15 million TEUs.

Dubai International Records 18.9% Growth In May

Australia was the fastest growing destination with 50 per cent growth following the launch of Qantas flights

Dubai’s Nakheel In Talks To Refinance $2.2bn Loan

The developer almost defaulted on its debts and agreed to a $16 billion restructuring in 2011.

Dubai Hires C.Suisse For Tunisia Telco Stake

Emirates International Telecommunications is stepping up sales from its telecoms portfolio to help repay Dubai’s debt pile.

Can Dubai Truly Become A Global Fashion Hub By 2020?

Experts believe the emirate has what it takes to achieve its ambitious goal.

World’s Largest Construction Firm To Invest In $1bn Dubai Hotel

China State Construction Engineering Corporation will make its first-ever Middle East investment in the Viceroy Dubai Palm Jumeirah project.