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March

WB urges Egypt to make reforms before investor conference

A senior World Bank official has called on Egypt to implement promised legal and bureaucratic reforms ahead of an international conference in March where the government hopes to attract more than $12 billion in investments. The go

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Doha Summit 'will be turning point in GCC march'

The Doha Summit next month will be a turning point in GCC march, Bahrain’s King Hamad said yesterday (November 27). The December 9 to 10 meeting of leaders is an opportunity to further strengthen the GCC, he said as he recei

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Timeless classic 'Peter Pan' to be staged in Dubai

‘Peter Pan – The Never Ending story’ is set to be staged in Dubai this March. The Dubai World Trade Centre arena will host 10 shows, which is a mix of theatre, illusion, circus, movie and rock, said a statement.

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Egypt's wheat supply sufficient until March

Egypt's wheat supply is sufficient to last the country until March 5, the supplies minister said on Saturday. Mohamed Abu Shadi said in comments published by the state news agency Mena that Egypt had imported 2.3 million tonne

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ME airlines top traffic growth for any region

Middle East airlines experienced the strongest traffic growth for any region for March at 15.6 per cent year-over-year, with a 14.2 per cent rise in capacity that boosted load factor to 79.7 per cent, a report said. While a smalle

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Dubai to host big line-up of events in March

  Dubai is gearing up to roll out the red carpet to visitors from around the world in March by providing a long line-up of activities and events under the slogan March happens here!   Visitors will

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Saudi April inflation edges down to 5.3pc

Saudi Arabia's consumer price inflation rate edged down to 5.3 per cent year-on-year in April from 5.4 per cent in March, the official Saudi Press Agency reported on Thursday. Prices rose 0.2 per cent in April from a month earlier, the age

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Dubai hotels edge up in March occupancy rate

Dubai hotels posted a 3.9 per cent rise in occupancy March as against the same month of 2011, despite an increase of 5.8 per cent in the average room rate, said an industry expert. “We should not forget that it has been achieved in an envi

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Bahrain hotel occupancy doubles in March

Hotel occupancy rates in Bahrain rose by 112 per cent to reach almost half capacity last month compared with the same period last year as the economic recovery from last year's unrest continues, a report said. Bahrain also saw a massiv

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Dubai airport traffic surges 15.4pc in March

Passenger traffic at Dubai International, the world’s fourth busiest hub for passengers and freight, reached 4,848,320 in March, marking an increase of 15.4 per cent compared to 4,201,708 over the same period last year. The figures for Mar

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