Recent Business News

UAE hotel offers $2,722 luxury iftar group package

 The St. Regis Abu Dhabi is offering an AED 10,000 ($2,722) minimum spend iftar this Ramadan. The package allows for bookings of up to 50 people, with the charge per person amounting t...Read more

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Nestle to open $120mn Dubai factory by end-2015

 Consumer foods giant Nestlé is planning to open a new US $120 million factory in Dubai World Central by the end of this year. The new facility, which will create approximately ...Read more

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Abu Dhabi food authority creates atlas to monitor consumption

 ABU DHABI // Food and health authorities have joined to produce a guide that will show residents how much food is too much. The “food atlas” lists different meals and incl...Read more

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India's Modi tells China to 'reconsider' approach

 Beijing: Visiting Indian Prime Minister Narendra Modi told his Chinese counterpart on Friday that Beijing needs to “reconsider its approach” to relations between the Asian ...Read more

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Beginning of 'a new era of GCC-US cooperation': Obama

The United States on Thursday reaffirmed its “unequivocal” commitment to use “all elements of power” to secure US interests in the Gulf region and to protect partner ...Read more

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Oil price dip may impact hotel development

A new report from Ernst & Young (EY) has said that the Middle East’s hospitality sector may be impacted over the coming year by the recent fall in oil prices. EY said the next s...Read more

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UAE stats: Slight fall on food, other living costs

Dubai: The continued decline in oil prices, coupled with a strong US dollar, has taken a bite out of the cost of some consumer goods and services in the UAE. The latest consumer price i...Read more

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HalalTrip launches halal food rating app

Dubai: Finding halal food just got easier. Singapore-based HalalTrip has launched an app that allows people to rate and share halal food across the world. The free app, which is available...Read more

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UAE multiple entry cruise visa to boost passenger growth

Dubai: A multiple-entry visa system for cruise tourists in the UAE, introduced earlier this year, will help boost ship calls by 16 per cent and passenger numbers by 7 per cent next season,...Read more

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More than 2.8m guests check into Abu Dhabi hotels since January

Abu Dhabi: More than 2.8 million guests checked into Abu Dhabi’s 156 hotels and hotel apartments during the first 10 months of this year, marking a 25 per cent uplift on the same pe...Read more

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Veneto expects 30 per cent jump in Gulf visitor numbers in 2014

Dubai: The Veneto region of Italy expects a 30 per cent rise in visitors from the Gulf Cooperation Council (GCC) countries in 2014 compared to 2013, according to a top government official...Read more

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Fast food market to grow in the UAE

Fast food restaurants have made investments to open a raft of stores in the country. For instance, McDonald’s plans to add up to 15 stores in the UAE this year. Last year, the fast foo...Read more

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Abu Dhabi Hotels Welcome 1.7m Guests In H1 2014

Over 1.7 million guests checked into Abu Dhabi’s hotels and hotel apartments during the first half of this year, up 28 per cent compared to the first half of 2013, according to the Abu...Read more

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