UAE Focus

High oil prices have yet to trickle down to the travel industry
Oil prices have spiked in recent months, reaching all-time highs, but so far the region's travel industry seems to have been mostly unaffected by the surge. However, with airlines raising fares and many consumers across the world feeling the pinch of rising fuel costs, some experts fear that the industry is due to take a hit.
United Arab Emirates: Monday, June 23 - 2008 at 12:06

Staffing could be roadblock to UAE hotel industry
The UAE has established ambitious goals regarding the number of tourists it hopes to attract over the next decade, but one of the key challenges it will face in meeting its targets will be finding and retaining quality staff to service its hotel industry.
United Arab Emirates: Monday, June 16 - 2008 at 12:48

Mega airports to take centre stage
The UAE is in the midst of an aviation boom that is unlike anything the world has ever seen. The opportunities and challenges that are being presented by this growth were highlighted by speakers at the eighth annual Airport Show in Dubai.
United Arab Emirates: Tuesday, June 03 - 2008 at 09:42

Dubai Customs backs 3% VAT limit
In a report to the UAE's federal authorities Dubai Customs has recommended a 3% limit for the Value Added Tax (VAT) expected to be rolled out across the country in early 2009.
United Arab Emirates: Monday, June 02 - 2008 at 10:08

Dubai Metro: Update in pictures
The Dubai Roads and Transport Authority invited the region's press to see how work on the groundbreaking $4.2bn Metro system was progressing. It was the first time that a team of journalists had been given access to the construction sites.
United Arab Emirates: Thursday, May 29 - 2008 at 14:49

UAE prepares for theme park boom
The UAE may soon be the world's premiere home for theme parks as an increasing number of entertainment giants such as Paramount Pictures and Marvel Entertainment are teaming up with local developers to build mega resorts in the country. However, as billions of dollars are being poured into these projects, some experts are raising concerns about whether these parks will be as successful as hoped.
United Arab Emirates: Monday, May 26 - 2008 at 10:24

Currency revaluation back on the agenda
After the latest US Treasury report to Congress on International Exchange Rate Policies, Merrill Lynch predicts a move to a currency basket within the next few months in the UAE and Qatar and a 5% appreciation in some Gulf currencies before the end of the year.
United Arab Emirates: Sunday, May 25 - 2008 at 12:20

Investors switch to precious metals
'Sell in May and go away!' is an old stock market adage which Gulf investors have taken to heart. The hot weather arrives and they are off to the yacht in Monte Carlo.
United Arab Emirates: Wednesday, May 21 - 2008 at 09:26 |

Index : UAE Focus