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BREAKING NEWS | Gulf Air to cut staff, may sell planes
EUR | GBP Down 1.110 ,  USD | EUR Down 0.668 ,  USD | GBP Down 0.602
Hospitality
Jumeirah to operate 30 hotels by 2013-end
Nov 20, 2009 at 18:34
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  World Economic Forum
QE2's final destination still undecided
Nov 10, 2009 at 08:45
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Nakheel says mulling options for luxury ship, 70 pct of construction on Palm Jumeirah complete -paper.
  QE2
World's tallest hotel to open in Dubai in Dec
Nov 02, 2009 at 07:21
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Rose Rayhaan by Rotana scheduled to open mid-Dec, with occupancy expected around 80 pct mark -paper.
Saudi's KHI sees Q3 revPAR down 9 pct
Oct 29, 2009 at 17:11
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Kingdom Hotel Investments run by billionaire Prince Alwaleed posts decline in revPAR due to economic slowdown.
Mideast hotels' suffering eases in Sept
Oct 27, 2009 at 20:41
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Hotel revenue and occupancy continues to fall, but at slower rate; Saudi hotels hit by swine flu -STR.
Saudi Hotels profit down 57 pct
Oct 10, 2009 at 20:20
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Saudi Hotels and Resort Areas Co net profit in third quarter plunges to $3.89 million on tourism decline.
  Q3 Results
Rezidor to open 18 Mideast hotels
Oct 07, 2009 at 21:57
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Belgium-based Rezidor Hotel Group planning to expand hotel network by managing 18 more Arab hotels.
Hotels turn to branded operators amid crisis
Oct 06, 2009 at 10:42
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Increasing numbers of independent hotels in Dubai forced to turn to brand chains as revenues slump.
  Cityscape Dubai
Jumeirah in talks over 40 new hotel contracts
Oct 05, 2009 at 17:54
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Dubai-owned operator eyes new deals as it sticks to target of having 60 properties in portfolio by 2012.
  Cityscape Dubai
Abu Dhabi launches hotel rating system
Sep 30, 2009 at 06:34
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First sign goes up outside Emirates Palace, will now be rolled out at hotels, hotel apartments across city.
Summer misery continues for Mideast hotels
Sep 27, 2009 at 11:02
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Several major cities in region suffer double-digit declines in occupancy and revenue, STR Global report shows.
Dubai luxury hotel to cease operations
Sep 24, 2009 at 07:45
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Angsana 'victim' of price war amid economic downturn, to convert to residential property -paper.
  UAE Property Slump
UAE, Saudi driving MEA hotel construction
Sep 23, 2009 at 08:37
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Two Gulf states account for more than half hotel rooms under construction in Middle East and Africa, STR says.
Jumeirah inks Morocco hotel deal
Sep 17, 2009 at 16:41
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UAE's luxury hotelier signs deal to manage new luxury golf, polo resort in Marrakech, which includes 3 hotels.
Nakheel moves to keep QE2 hopes afloat
Sep 15, 2009 at 13:34
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Developer tries to allay fears Cape Town berth will drain money out of S.Africa, threatening to scupper deal.
  QE2
Hotels eye GCC tourist boost over Eid
Sep 08, 2009 at 13:59
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UAE's ailing hospitality sector hoping for much-needed shot in arm from upcoming Eid holiday break.
  Swine Flu
» ALL NEWS

Sector Stock Watch
Jordan Projects for Tourism Development 5.95 0.00%
Zara Investment Holding 1.40 1.45%
Hotels 31.60 0.64%
Abu Dhabi National Hotels 3.98 -0.50%
IFA Hotels and Restores Company 0.49 2.08%

Markets
Saudi 6,291.27 0.11%
Amman 2,589.02 0.32%
Muscat 6,396.00 0.21%
Dubai 2,111.59 1.83%
Abu Dhabi 2,907.54 1.48%
Kuwait 6,795.70 -0.38%
Doha 7,256.33 1.15%
Bahrain 1,447.46 -0.16%
Palestine 499.40 -0.39%
Egypt 6,279.72 1.01%
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes.
LATEST: Kuwait falls; most Arab markets rise

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Essential Reading
UAE economy 'humming again', prospects bright
Nov 20, 2009 at 17:14
Dubai Crown Prince tells world leaders economy 'humming again' in 2009 compared to most int'l growth rates.
Discussion Forum
  •  LATEST
  •  7 DAYS
  •   1 MONTH
ENOC says no plans to raise Dragon bid
11/23/2009 3:21:23 PM
1 | |
Fine. No deal then! Everyone vote NO MORE
Iran dumps dollar for euro, gains $5 bln
11/23/2009 11:50:28 AM
1 | |
That's one of the reasons why the USA attacked IRAQ, When Saddam decided to sell his OIL by Euro not Dollar, that explains why Germany & France were against the war of war at the beginning... MORE
GCC can price oil in new currency -economist
11/23/2009 10:04:10 AM
1 | |
Saeed Al Shaikh is absolutely correct. There is a very strong precedent for what he proposes. Oil is a large part of the reason the U.S. dollar became the world's reserve currency at the end... MORE
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