Business Blog

Consumers spend more, ME premium air travel up

Middle East premium travel performed solidly in March, particularly routes to Africa, from Europe, and to the Far East, according to latest figures released by International Air Transport Association (Iata).

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Jeddah summer festival starts on June 5

The Jeddah Chamber of Commerce and Industry has announced that the Jeddah Summer Festival will be launched on June 5 to coincide with the start of the summer vacation.

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The Ritz-Carlton will not add more hotels in Dubai by 2020

The Ritz-Carlton, a luxury brand of US hotel chain Marriott International, does not currently plan to open more hotels in Dubai by 2020, according to the company’s top executive.

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Batelco Signs Agreement with Riedel Networks at ITW in Chicago

Batelco, the Middle East regional partner of choice for international operators has signed a master bilateral supply agreement with Riedel Networks on the sidelines of International Telecoms Week (ITW) which took place in Chicago, USA from May 11 to 14.

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US STOCKS SNAPSHOT-Wall St opens flat ahead of housing data

NEW YORK, May 23 (Reuters) - U.S. stocks opened flat on Friday, with investors looking ahead to data on the housing market, though the S&P 500 on track to notch its first weekly gain in the past three. The Dow Jones industrial average .DJI rose 4.36...
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Hong Kong expects surge in tourists from Qatar

Hong Kong is expecting a surge in the number of travellers from the Middle East, in particular Qatar, in coming years in view of a "growing awareness" about the location among the residents of the region, a senior official has said.

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