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ME airlines top traffic growth for any regionMiddle 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 More… |
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Dubai to host big line-up of events in MarchDubai 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 More… |
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Saudi April inflation edges down to 5.3pcSaudi 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 More… |
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Dubai hotels edge up in March occupancy rateDubai 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 More… |
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Bahrain hotel occupancy doubles in MarchHotel 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 More… |
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Dubai airport traffic surges 15.4pc in MarchPassenger 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 More… |
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Kia’s global sales in March up 13.4pcKia Motors has recorded a total of 245,238 units (including passenger cars, recreational vehicles and commercial vehicles) in global sales during March, marking a year-on-year rise of 13.4 per cent. In March, Kia posted year-on-year sales More… |
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Etihad carries record cargo in MarchEtihad Airways, the national airline of the UAE, carried a record 31,700 tonnes of cargo in March, an increase of 20 per cent on the previous year. Total revenues for the month were up 14 per cent on February and 19 per cent on the corresp More… |
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Opec output surges to 31.4m bpd in MarchThe crude oil production from the Organization of Petroleum Exporting Countries (Opec) increased to 31.39 million barrels per day (bpd) in March compared to 31.27 million bpd the previous month, according to a new report. This ma More… |
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Big jobs setback for US in MarchEmployers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy. The report was seized upon by Republicans hoping to make the w More… |
