World Aviation Safety Summit 2019 in Dubai will discuss potential solutions to problem of airspace congestion in the region The average delay per flight attributed to air traffic control issues in the GCC region is estimated at 29 minutes but could double by 2025 if urgent measures are...

GCC hospitality on track to reach $32.5bln by 2022, thanks to Expo 2020, other global events that will be hosted in region Hotels in the Middle East reported mixed performance results, while hotels in Africa posted mostly positive results across the three key performance metrics in...

Abu Dhabi is more insulated as its non-oil revenues are relatively small compared to hydrocarbons The slowdown in the non-oil sector is likely to affect Dubai and Sharjah more than the UAE capital Abu Dhabi whose reliance on the sector is non-significant, Global ratings agency Moody's...

Mercedes driver will start from the back of the grid on Sunday regardless of how he does in qualifying after being sanctioned for taking a new power-unit Valtteri Bottas completed a 'double top' in Friday's incident-hit practice for the Abu Dhabi Grand Prix when he out-paced Mercedes...

Filippo Sona, of Drees & Sommer says Dubai hospitality market will require 'complete repositioning' to continue to be successful The hotel sector in Dubai will need a complete repositioning to continue to be successful over the coming decade, according to the hospitality division...

Abu Dhabi Airports Company says Midfield Terminal Building project will set the benchmark for all airports over the next 20 years Abu Dhabi Airports Company (ADAC) on Tuesday said its Midfield Terminal Building project will set the benchmark for all airports over the next 20 years....

It takes average four days to set up a business in Dubai and the cost averages at $8992 Dubai is ranked among the world's best cities for entrepreneurs moving abroad to start a business, more specifically in import/export sector, according to the findings of a study conducted by...

Abu Dhabi Executive Office chairman launches new community located in the heart of the Cultural District on Saadiyat Island Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, chairman of the Abu Dhabi Executive Office, on Monday launched Saadiyat Grove, an AED8 billion ($2.18 billion)...

Mena region's future projects pipeline exceeds $3.7 trillion while construction projects alone account for $2.4 trillion Developers in Dubai have suggested that contractors can opt for barter deals by becoming equity partners in projects to ease impact of liquidity crunch and cash-flow...

Emirates NBD Capital Limited, Noor Bank, and Dubai Islamic Bank, were the Mandated Lead Arrangers and Bookrunners Dubai Aviation Corporation, (trading as flydubai) successfully completed a $500 million 5-year term financing facility. Emirates NBD Capital Limited (EMCAP) and Noor...