The number of visitors from China recorded in Abu Dhabi rose by 166 per cent in 2014 to 120,350 and the emirate is stepping up its campaign to attract more. Twenty hotels, two attractions and a luxury shopping mall across…
Month: February 2015
Deloitte calls for more private sector involvement in GCC health
The growing gap between healthcare services supply and demand in GCC states could be addressed by more private sector participation, Deloitte says in a new report published today. “Unequal access to health care facilities and a continued shortage of health…
Qatar’s plans unaffected by lower oil prices, but PPP may get role
Qatar’s plans will not be affected by lower oil price, but there may be more opportunities for private finance to play a role in the country’s infrastructure, the MEED Qatar Projects Conference which opens in Doha next month will be…
Spending at Dubai Duty Free to rise 10 per cent in 2015: Bloomberg
Spending at Dubai International Airport could rise by more than 10 per cent to $2.1 billion in 2015, Dubai Duty Free deputy chairman Colm McLoughlin said in an interview published by Bloomberg. This would restore Dubai Duty Free as the…
JLL’s seven top tips for the UAE real estate market in 2015
JLL’s seven top tips for the UAE real estate market in 2015 are: 1 the Dubai residential bubble deflates Dubai residential prices to decline marginally in 2015 Abu Dhabi to see stable sale prices but continued growth in rentals There…
Qatar reports rise in visitors in 2014 and forecasts hotel rooms to increase 25 per cent in 2015
Qatar enjoyed strong increases in visitor numbers, hotel occupancy and room rates in 2014, a report issued by the Qatar Tourism Authority (QTA) this week shows. It forecast the number of hotel rooms is forecast to increase by one quarter…
Saudi heritage company formed
The Saudi Commission for Tourism & Antiquities (SCTA), a state agency chaired by Prince Sultan Bin Salman, signed an agreement yesterday for the creation of a new company to promote investment in heritage buildings in the kingdom. The Saudi Company…