Monthly Archives: November 2021

Remembrance day: Mohammed bin Rashid and Mohamed bin Zayed pay rich tributes to the martyrs of the United Arab Emirates

Screenshot of the video tweeted by His Highness Sheikh Mohammed bin Rashid Al Maktoum on the day of the commemoration Image Credit: Twitter screenshot / video Dubai: The United Arab Emirates will never forget the country’s martyrs who sacrificed their lives for the good of the nation, said His Highness …

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Ajman Sea Festival ends with large audience

The Ajman Tourism Development Department concluded the Ajman Sea Festival 2021 at Ajman Corniche and Al Zorah – Marina 1, attended by a large audience of water sports enthusiasts. The event was hosted by the Abu Dhabi International Marine Sports Club in association with the UAE Water Sports Federation on …

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SAY Studio announces complete renovation of public spaces at Fairmont SZR

Located in the heart of Dubai’s bustling financial district, Fairmont Dubai is currently the subject of phase I of SAY Studio’s rollout plan aimed at renovating all of the hotel brand’s private spaces. According to CBRE UAE Q3 2021 market review; As travel restrictions continue to be relaxed around the …

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UAE overtakes recovery in global travel market: CBRE

The UAE has passed the timid recovery in the global travel market, leading commercial and investment real estate services company CBRE said in its latest UAE hospitality market review. Globally, partly due to seasonality and more recently due to the reinstatement of lockdowns in recent weeks, there was a resumption …

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Dubai hotel occupancy rate reaches 80.7% thanks to high number of visitor arrivals during Expo

The UAE hospitality sector hit new highs in October due to high visitor arrivals at Expo 2020 Dubai, with occupancy rates reaching 78.8%, the highest of the month since October 2015, real estate consultancy CBRE reported on Sunday. In October 2021, hotels in Dubai recorded an occupancy rate of 80.7%, …

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UAE overtakes timid recovery in global travel market, says CBRE

Dubai – Globally, partly due to seasonality and more recently due to the reintroduction of lockdowns in recent weeks, we have seen the resumption in the number of flights slow down in November 2021. In October, the number of daily flights for the month reached an average of nearly 95,000, …

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Autonomous vehicles will soon become a reality in the UAE

Autonomous vehicles will soon become a reality in the United Arab Emirates, with the country becoming the first in the Middle East and the second in the world to test self-driving cars on the streets. This historic announcement will bring a revolutionary change in the future of the automotive and …

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Foreign debt of $ 3.898 billion contracted in 4 months – Business & Finance

ISLAMABAD: Pakistan incurred $ 3.898 billion in external debt from multiple funding sources in the first four months (July-October) of 2021-2022, including $ 866.43 million from foreign commercial banks (22 %) of total budgeted external loans of $ 14.088 billion for the entire fiscal year. Data from the Ministry of …

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Local start-ups gain investment opportunities to enter the business world

Dubai, United Arab Emirates: “Aqdar Bootcamp”, an initiative launched by the GADHA Foundation, recently enabled 10 innovative projects created by young Emirati talent to enter the business market, during the last edition of “Aqdar World Summit ”which ended recently. This initiative, launched by the “GADHA Foundation”, a leading national institution …

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