Friday 24 March 2017

Abu Dhabi hotels see occupancy, rates decline in February

Abu Dhabi's hospitality sector reported declines across key performance metrics in February with the steepest fall recorded in revenue per available room (RevPAR), which fell 32.5 per cent to Dh376.17 ($102.4) year-on-year, said a report.


Gold reverses losses ahead of US option expiry

Gold reversed earlier losses on Thursday as investors pulled bearish bets ahead of a Comex option expiry and awaited US jobs data later in the day to help gauge the outlook for the Federal Reserve's stimulus measures.    &nb


Gold rises to 1-month high on weaker dollar

Gold jumped to its highest level in a month on Monday on technical buying after the US dollar slipped against other currencies, but the precious metal is still down more than 20 percent this year.      Bullion's


FEB hosts maiden shareholder meeting

First Energy Bank (FEB) the world’s first investment bank focused exclusively on the energy sector, held its maiden shareholder meeting at the Banyan Tree Resort & Spa in Bahrain. Shareholders from Bahrain, Saudi Arabia, Kuwait, Libya

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