UAE to Become Marriott’s Largest MENA Market on Starwood Deal

UAE to Become Marriott’s Largest MENA Market on Starwood Deal






UAE to Become Marriott’s Largest MENA Market on Starwood Deal $MAR Marriott will become the “number one hospitality operator for Expo 2020,” according to MEA president Alex Kyriakidis The UAE will be newly enlarged Marriott International’s (NYSE:MAR) largest MENA market by 2020 following the merger with Starwood Hotels & Resorts. Speaking at a conference in […]






Dubai Expo 2020 to Allocate $1.36-B of Contracts to SMEs

Dubai Expo 2020 to Allocate $1.36-B of Contracts to SMEs






Dubai Expo 2020 to Allocate $1.36-B of Contracts to SMEs Opportunities for SME participation extend beyond the physical expo site and six-month duration of the event, according to Expo 2020 Dubai has announced that 20% of direct and indirect spending on the Expo 2020 event will be allocated to small and medium enterprises. Under the […]






Dubai, Abu Dhabi Apartment Rents Fall in July

Dubai, Abu Dhabi Apartment Rents Fall in July






Dubai, Abu Dhabi Apartment Rents Fall in July $JJL Declines were recorded for all apartment unit sizes last month, according to Bayut.com Apartment rents in Dubai and Abu declined an average of 2 and 6% respectively in July from 1-H of the year, according to Bayut.com. In its monthly report, the property site said the […]






Dubai’s Expo 2020 Masterplan

Dubai’s Expo 2020 Masterplan






Dubai’s Expo 2020 Masterplan The 438-hectare site in Jebel Ali will be divided into several sections The Masterplan of the upcoming Expo 2020 Dubai was revealed last week at the Arab Media Forum, explaining the overall structure of the massive site. The exhibition area within the 438-hectare site in Jebel Ali will include a 2 […]






Dubai Headed to a Period of Accelerated Growth

Dubai Headed to a Period of Accelerated Growth






Dubai Headed to a Period of Accelerated Growth Dubai is weathering the Crude Oil-led economic slowdown afflicting its GCC neighbors and will enter a period of “rapid acceleration” in the buildup to the Expo 2020 trade fair, the International Monetary Fund says. Speaking to the media, the IMF’s mission chief for the UAE, Zeine Zeidane, […]