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Tag Archives: Etisalat
It’s About Change!
It’s About Change 23 April 2020 Ramadan Kareem! There was welcome news at the end of the week, with the Dubai authorities easing some of the restrictions as from tomorrow, Friday 24 April. For the first time in three weeks, … Continue reading
Posted in Categorized
Tagged Australian economy, Covid-19, Du, Dubai economy, Etisalat, EU, Ramadan
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Don’t Let Me Be Understood!
If you thought that Dubai had enough shopping malls, think again! Nakheel has awarded contracts, totalling US$ 627 million, for three retail projects – Deira Islands Night Souk (US$ 319 million), Warsan Souk (US$ 211 million) and The Circle Mall … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, Etisalat, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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Things Can Only Get Better!
Emirates is reportedly looking at ordering a further 200 neo Airbus 380s but is still awaiting further information from the European plane maker on enhancement details. Last week, the airline confirmed the US$ 9.2 billion Rolls Royce order to supply … Continue reading
Desert Rose
The Ruler launched the World Free Zones Organisation, attended by representatives from fourteen global free zones. The new body, with Dr Mohammed Al Zarooni as its first chairperson, will have its HQ in Dubai and will be open to any … Continue reading
Posted in Finance
Tagged Arabtec, Desert Rose, Deyaar, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, Etisalat, flydubai, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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Flying High Again
Emirates’ annual revenue grew by 13.0% to US$ 22.5 billion, as the airline saw its profits jump 42.5% to US$ 887 million, forming a large part of the Group’s overall profit of US$ 1.1 billion. With a 13.0% increase in … Continue reading
The Lonely Bull (El Solo Torro)
Following their impressive Q3 financial results last week, Emaar Properties has announced a US$ 3 billion Iraqi project in Erbil, Kurdistan. Comprising 15k residences, three 5-star hotels, 715k sq mt of office space and a shopping mall, the development will … Continue reading
I Can See Clearly Now
May was another great month for Dubai’s burgeoning hospitality sector with returns showing an 18.8% hike in hotels’ RevPAR (Revenue per available room) to US$ 173.09. ADR (average daily rate) also had a double-digit growth to US$ 216.22. There will … Continue reading
What’s Going On?
Prior to the start of Arabian Travel Mart, HH Sheikh Mohammed bin Rashid Al Maktoum officially approved Dubai’s 2020 Vision for Tourism, which would see visitor numbers double to 20 million within the next seven years. The local tourist board, … Continue reading
Telegram Sam
The impact that Emirates has on the local economy is staggering and the realty, retail, hospitality and trade sectors owe much of their recent success to the expansion, exploits and expertise of the local carrier. The aviation sector contributes US$ … Continue reading
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