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Bloomberg hosts business leadership summit in UAE H.E. Eng. Suhail Mohamed Faraj Al Mazrouei, Minister of Energy, United Arab Emirates, among top speakers The Bloomberg Markets Most Influential Summit will make its Middle Eastern debut in Abu Dhabi this week, convening global financial leaders and investors who are moving markets, driving economies and making deals…
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Etihad Airways sets new records in commercial airline services in 2015 and expects to grow more in 2016 Etihad Airways, the national airline of theUnited Arab Emirates, delivered solid operational performance in 2015 by achieving continued growth in passenger and cargo volumes. The airline carried 17.4 million passengers last year, a significant increase of 17 percent…
The emirate of Dubai ranked as the number 2 destination for travelers this New Year season, according to a survey conducted by CheapHotels.org. Dubai beat out Miami Beach, which ranked 3 on the CheapHotels survey list. The number 1 destination is Cancun, Mexico, according tot he survey. Dubai is only one of two Middle East…
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A $400 million sale by a senior member of the UAE ruling family of a 13 percent stake in Manchester City FC to China highlights the importance of soccer in the two countries’ ambitions to project themselves on the international stage.
Embattled World Cup host Qatar sends mixed messages By James M. Dorsey Embattled World Cup host Qatar is sending contradictory messages as it struggles with demands to improve migrant labour conditions and mounting questions about the integrity of its successful FIFA bid, confronts the fall-out of dropping energy prices, and seeks to project itself as…
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By James M. Dorsey Khaldoon Al-Mubarak, chairman of Manchester City, one of Britain’s most popular soccer clubs and a close business associate of UAE Crown Prince Mohammed bin Zayed bin Sultan Al Nahyan, has warned the UK that his country would block multi-billion dollar arms deals, halt investment in Britain and suspend intelligence cooperation if…
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Mohammed Bin Rashid Al Maktoum Global Initiatives Consolidates 28 Humanitarian Programmes and Foundations Operating in 116 Countries; Refocuses on Middle East Middle East‘s largest development and community foundation includes 1,400 development programmes and initiatives targeting 130 million in need through to 2025 H.H. Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced today the…
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Ultra Wealthy In United Arab Emirates Control US$255 Billion Of Private Wealth There are 1,275 ultra wealthy individuals in the United Arab Emirates (UAE), representing 20% of the total ultra wealthy population in the Middle East, Wealth-X research shows. The combined wealth of the UAE’s ultra high net worth (UHNW*) population stands at US$255 billion. The study also reveals that 57%…
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The Arab image and image of the Muslim world is a shambles in America, bludgeoned and “slibeled” nearly every day by paid anti-Arab activists and by the mainstream American News Media. The media is in a pro-Israel headlock that prohibits and discourages full and accurate information about the Arab that might expose Israel’s governments atrocities through critical…
Camel racing, representing bedouin Arab culture, is increasingly drawing tourists and crowds in Dubai and the Gulf region. Once popular int he 1980s, the sport of camel racing is seeing a revival. For a truly authentic experience in the UAE, look no further than the camel race. The cacophony of car horns, shouts and thud of…
Arab Gulf sees rise in tourism by more than 2 percent with revenues up more than 10 percent, according to UrbaCon Construction & Trading. Visiting the desert is now an attractive alternative in the agenda of a seasoned tourist, a location which is becoming increasingly developed with high-end ecofriendly resorts, luxurious shopping malls, five-star hotels,…
His Highness Sheikh Mohamed bin Zayed Al Nahyan to Meet with US President Barack Obama United Arab Emirates Ambassador to the United States, H.E. Yousef Al Otaiba, today announced that His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, will meet with US President Barack Obama next Monday,…
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By Ray Hanania Last year during the Academy Awards, Oscar hostess Ellen DeGeneres ordered Big Mama’s & Papa’s Pizzeria (BMPP) pizza delivered to the show and then walked through the audience with the delivery driver, sharing slices with stars such as Harrison Ford, Angelina Jolie and Brad Pitt. The humor drew big laughs at the Oscars…
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California Visitors Association opens office to promote bi-lateral tourism opportunities with Dubai The Orange County Visitors Association (OCVA) announced it will open its third foreign visitors office in Dubai in the United Arab Emirates as a part of a campaign to encourage tourism to and from the California region. The new venture represents the first…
Qatar’s Policy towards Egypt threatens Arab Gulf alliance By Ali Younes In an unprecedented diplomatic row between conservative Arab Gulf monarchies, Saudi Arabia, UAE and Bahrain have withdrawn their ambassadors from Qatar in protest of what they deemed as an “ interferences” by Qatar in their internal affairs. The move followed a stormy meeting last…
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