Sunday 12 July 2020
 
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Bilfinger, US group RATE to boost Mideast operations

Bilfinger, the engineering and industrial solutions powerhouse has signed an agreement with California-based sour gas and sulphur management technology licensor RATE to establish a strategic co-operation that would position both companies to acc

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Bilfinger, US group RATE to boost Mideast operations

Bilfinger, the engineering and industrial solutions powerhouse has signed an agreement with California-based sour gas and sulphur management technology licensor RATE to establish a strategic co-operation that would position both companies to acc

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Plummeting rate hits profit levels in MEA hotels

Profit per room at hotels in the Middle East & Africa fell by 12.1 per cent year-on-year in April as revenue levels crashed on the back of plummeting achieved average room rate, according to new data from HotStats. Further to

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Rove Dubai Marina offers special room rates

To celebrate the launch of the new Rove Dubai Marina - the first waterside Rove Hotels property, the hotel is offering a special rate with rooms for just Dh95 ($25.8) per room per night, exclusively on the group's website. To

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Plummeting rate hits MEA hotel profits

The positive start to the year for hotels in the Middle East & Africa was short lived as profit per room fell by 7.8 per cent in February, led by a significant year-on-year decline in achieved average room rate, according to the latest world

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Fairmont Quasar Istanbul unveils offer for GCC families

Fairmont Hotels & Resorts opened its doors to Fairmont Quasar Istanbul in January 2017 and after successful visitor numbers from the GCC, the hotel now plans to attract larger family groups.   The hotel has hosted over 7,5

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Global airlines see rise in fatality rate

While the aviation sector witnessed a slight drop in the total number of airline accidents in 2016, from 68 to 65, the number of fatalities climbed from 136 to 268, almost twice as much as those lost in 2015, a report revealed. Ac

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Surprise rebound in UK manufacturing sector

British manufacturing staged one of its sharpest rebounds on record in August, a post-Brexit surprise that could prompt the Bank of England to rethink the need to cut interest rates again if other surveys confirm the trend. The re

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China survey-based jobless rate around 5pc end-July

China's survey-based unemployment rate was around 5 per cent at the end of July, the statistics bureau said on Friday. Sheng Laiyun, a spokesman at the National Bureau of Statistics, told reporters the unemployment rate in the

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Diabetes reaches record levels in Middle East: Experts

The Middle East suffers from the highest rate of diabetes in the world, affecting nearly 43 million people, and this is causing a rise in incidence of diabetes-related illness, health experts have warned. The prevalence of the disease h

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