Omniyat plans to build $273m Langham hotel

<p>Dubai-based real estate developer Omniyat has revealed plans to build a $273-million hospitality project in the UAE, in collaboration with Hong Kong-based Langham Hospitality Group.</p>.... Read more »

Posted on : 8/25/2015

Iran and Pakistan upbeat on gas pipeline, bilateral trade

Iran and pakistan have decided to complete the Iran-Pakistan Gas Pipeline on a fast track and to expand their bilateral trade manifold, besides cooperating in the massive China-Pakistan Economic Corridor project..... Read more »

Posted on : 8/24/2015

Emirates expects 6% GCC traffic rise on DSS demand

Emirates airline expects a six per cent growth in traffic from the Gulf countries this summer as the airline continues to benefit from the positive impact of Dubai Summer Surprises, or DSS, in attracting visitors from across the region and further afield..... Read more »

Posted on : 8/24/2015

Omniyat to open Dh1bn Langham Place hotel in Dubai's Business Bay

Hong Kong // The developer Omniyat has agreed a deal with Langham Hospitality Group, a Hong Kong-based hotel operator, to open a new Langham Place hotel in the Business Bay area of Dubai. The 6,325-square-metre site will house a 167-room hotel and 271 serviced apartments – 438 units in all..... Read more »

Posted on : 8/24/2015

Saudi Aramco eyes new industrial city in KSA

<p>Saudi Aramco is considering to build a new industrial city in the south of al-Ahsa district in the Eastern Province, as authorities seek to expand the kingdom’s industrial base</p>.... Read more »

Posted on : 8/24/2015

Abu Dhabi approves 26 new development projects in Q2

Some 26 new development projects have been approved by the Urban Planning Council, or UPC, in Abu Dhabi emirate in the second quarter of the year. When completed, the new constructions will cover a total gross area of 2,327,073 square metres. The number of projects given the go-ahead was up by just under 25 per cent from the 21 approved in the first three months of 2015, which spanned of total area of 708,999 square metres..... Read more »

Posted on : 8/22/2015

Indian premier's UAE visit boosts enthusiasm of Gulf businesses

The UAE visit of Indian Prime Minister Narendra Modi has created a groundswell of support and enthusiasm among businesses, both Indians and others. .... Read more »

Posted on : 8/22/2015

Ali and Sons announces Dh100m Audi workshop

<p>Abu Dhabi: Plans for building a $27 million (Dh100 million) exclusive Audi Workshop in the capital’s Musaffah are ‘on track’, Ali and Sons Audi announced on Saturday.</p>.... Read more »

Posted on : 8/22/2015

UAE and Saudi 2015 growth forecasts raised

Analysts have raised their forecasts for this year's growth in the two biggest Gulf Arab economies but cut predictions for next year because of the outlook for oil output, according to a Reuters poll published on Thursday..... Read more »

Posted on : 8/21/2015

UAE domestic energy usage doubles in 10 years: Study

The UAE's gross domestic electricity consumption has more than doubled over the past 10 years, and is expected to grow even more rapidly over the next five years as the country undergoes substantial population and economic growth, according to a study by management consultancy Strategy &, formerly Booz & Company. .... Read more »

Posted on : 8/21/2015