OPEC shocked markets with a deal to cut oil output after Saudi Arabia allowed Iran to be exempted, but analysts warned Thursday the move would not likely have a lasting impact. The cartel’s announcement of the first reduction in eight years sent crude prices surging up to six percent...
Dusit Thani Maldives, a Thai inspired 5-star luxury resort, recently won, for the second year running, the coveted Gold medal in the luxury hotel/resort category of the prestigious Travel Weekly Magellan Awards.
Arranged by US based publication Travel Weekly, an influential B2B...
In his second year as Vice President Operations and Development of Middle East, Noel Massoud has moved up 5 spots in the eight edition of the Power List by Hotelier Middle East, the premier tourism and hospitality magazine of the GCC region, for his role in the massive expansion of the hotel chain, ...
UAE waterpark fans can rejoice as Aquaventure at Atlantis, The Palm announces the launch of its first Annual Pass. Offering unlimited access to the award winning waterpark, guests can also enjoy a variety of member benefits including preferential rates at Dolphin Bay and Sea Lion Point, discounts...
When the iconic Burj Al Arab Jumeirah announced it would be collaborating with critically acclaimed seafood connoisseur, Nathan Outlaw back in March, it was the talk of Dubai. Now the doors of Nathan Outlaw at Al Mahara are finally open, not only does the restaurant deliver on flavour, hospitality, ...
STME, the Middle East’s leading IT solutions provider and systems integrator (SI), headquartered in Dubai, won the ‘SMB Client Security Implementation of the Year’ award at the recently concluded inaugural SMB Innovation Awards.
STME received its award for the...
A forum organised by Cambridge English Language Assessment and Cambridge University Press brought together school owners, school principals, heads of English Language department and education professionals in the United Arab Emirates to discuss the importance of setting and achieving English...
NetApp® (NASDAQ: NTAP) today announced new NetApp® ONTAP® software, flash systems and expanded public cloud support that provide the modern foundation to help customers maximise the value of their data in the hybrid cloud.
The new offerings are key to helping customers ...
Dr Ahmed Samerai, Founder of SAHARA and the Samerai Foundation, was recently presented with the Special Recognition Award at the CEO Middle East Awards 2016 for his philanthropic work around the world.
Held at a gala dinner with more than 400 business leaders in attendance at the ...
Written by Hussein Sayed, Chief Market Strategist at FXTM
When most traders thought an agreement to cut production was a mission impossible, OPEC surprised on Wednesday by announcing a preliminary deal to reduce output by about 700,000 barrels a day.
Battered finances of major ...