Wednesday 7 December 2016
 
»
Tag
 
»
decline

Dubai hotels see occupancy, rates decline in October

Dubai's  hospitality sector reported declines across key performance metrics in October with the steepest fall recorded in revenue per available room (RevPAR), which fell 12 per cent to Dh598.09 ($162.7) year-on-year, said a report.

More…

Oil prices slide as oversupply concerns weigh

Oil prices extended losses on Wednesday after falling by as much as 3 per cent in the previous session amid concerns that rebalancing the global oil market will take longer than originally envisaged. Prices had been supported earl

More…

Shares crumble as oil falls, bond yields soar on stimulus doubts

Asian shares wallowed near six-week lows on Wednesday, bruised by a fall in oil prices on renewed worries about a supply glut and as investors grew nervous about the diminishing capacity of the world's major central banks to shore up economi

More…

UAE’s residential sector set for further decline

 As the local economy continues to adjust to softening global conditions, overall residential values and rents in Dubai, Sharjah and Abu Dhabi are set for a further decline for the remainder of 2016, according to leading international real

More…

Oman hotel sector to suffer RevPAR loss

Oman hotels are expected to see revenue per available room (RevPAR) continue to decline despite forecasts of a significant boost this year from the planned opening of new properties, said a report. "For the next year a large

More…

Oil price decline hits regional training market: Survey

The plunge in the oil price and slowdown in regional economic activity seems to have had a mixed impact on the regional training market, according to the latest research by online recruitment firm GulfTalent.   S

More…

Oman's star hotels see Q1 occupancy dip

Oman's star hotels saw occupancy rates decline to 65.3 per cent during the first quarter of the year, down from 66.9 per cent recorded in Q1 2015. Despite the 8 per cent year-on-year rise in guest numbers during Q1 (360,080 gu

More…

China April exports, imports decline more than expected

China's exports fell more than expected in April, reversing the previous month's brief recovery, as weak global demand weighed on trade out of the world's second-largest economy. Exports fell 1.8 per cent from a year e

More…

Opec cuts unlikely before US, Russia, Iraq reduce output

The Organization of Petroleum Exporting Countries (Opec) is unlikely to cut production to support oil prices until it sees output declines in the US, Russia and Iraq, an energy consultant said.   Oil has risen ab

More…

Saudi cbank net foreign assets drop 3.1pc

Net foreign assets at Saudi Arabia's central bank declined 3.1 per cent in December from the previous month to SR2.283 trillion ($609 billion), the central bank said on Thursday.   Assets dropped 15.9 per cen

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads