Sunday 1 May 2016
 
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Saudi building equipment market set for 10pc growth

The construction equipment rental market in Saudi Arabia is poised for solid growth over the next five years, registering a CAGR (compound annual growth rate) of 10.24 per cent till 2021 on the back of government's endeavour to diversify the

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Dubai Investments Q1 net profit rises 5.5pc

Dubai Investments, a leading, diversified investments conglomerate listed on the Dubai Financial Market, has reported net profit of Dh297.5 million ($80.97 million) for the first quarter of 2016, a 5.5 per cent increase compared to Dh282 million

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Dubai Investments Q1 net profit rises 5.5pc

Dubai Investments, a leading, diversified investments conglomerate listed on the Dubai Financial Market, has reported net profit of Dh297.5 million ($80.97 million) for the first quarter of 2016, a 5.5 per cent increase compared to Dh282 million

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Visitor numbers up 4pc during first two days of ATM

Arabian Travel Market (ATM) 2016 is experiencing healthy visitor growth, with a 4 per cent increase in the number of visitors through the doors over days one and two, compared to 2015. The trade event, which is taking place from A

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Travelport outlines how technology drives travel sector

Travelport, a leading travel commerce platform, will highlight how travel technology is driving the industry’s growth and redefining how travel is searched, shared and booked across the Middle East at the Arabian Travel Market taking place

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UAE emirates 'complement each other in tourism race'

The Future of the UAE as a Global Tourism Hub was the headline session opener for the new Global Stage at ATM 2016 yesterday (April 25), as eight of the Emirate’s leading tourism and hospitality minds shared their experience and insight in

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Riyadh’s real estate sector sees selective Q1 growth

The real estate market in Riyadh, Saudi Arabia, witnessed varied performance across its real estate sectors  during the first quarter of the year, said a report. Both the residential and hotel market experienced a general slo

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InterCon to open 25 new hotels in Middle East

InterContinental Hotels Group (IHG) is expecting to record more than 40 per cent growth across the Middle East in the next three to five years, with 25 new hotels in the pipeline. Currently, the group operates 78 hotels in GCC, Le

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Saudi spearheads GCC consulting market growth

Despite slumping oil prices, the GCC consulting market performed well last year, growing 9.4 per cent to $2.7 billion, mainly spearheaded by Saudi Arabia, according to a report. The kingdom, which accounted for almost half of the

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ME sees strong increase in travel activity in Q1

The Middle East has reported a significant increase in travel activity in the first three months of the year with inbound travel jumping 20 per cent and outbound travel going up 25 per cent compared to Q1 2015, a new report has shown. T

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