Majid Al Futtaim has acquired Retail Arabia, the franchise owner of 26 Geant stores across the UAE, Bahrain and Kuwait, along with four Gulfmart supermarkets in Bahrain.
According to STR, hoteliers in the Middle East reported a 5.9 percent year-on-year fall in occupancy in May to 64.4 percent, along with a 2.5 percent drop in average daily rate (ADR) to USD159.47 and an 8.2 percent plummet in RevPAR to USD96.88.
STR’s May 2017 Pipeline Report revealed that 159,711 keys in 581 hotel projects were under contract in the Middle East, a 3.8 percent year-on-year increase in the number of rooms in the construction or planning stages.
In light of Zayed Humanitarian Day, Sharjah Girl Guides (SGG) launched two volunteering programmes under its Spread Happiness initiative, coinciding with other charitable efforts implemented across the UAE.
Within the framework of the UAE's Year of Giving, The Emirates Airline Foundation (EAF) announced it will fund the construction of a new building for Safe Centre for Autism and Asperger's Syndrome, slated to open in 2018.
On May 23, Emirates World Club, a VIP concierge service in Dubai offering bespoke packages to both voyageurs and UAE elite residents, organised its first premier networking event with the assistance of RF Event & Model Management at Gaucho Dubai.
Sharjah Department of eGovernment (DeG) launched a new edition of its Sharjah Land game, with revamped experiences and features, aiming to promote Sharjah's cultural and modern values to children and citizens across the UAE.
Hailed as one of the UAE's premier entertainment and business destinations, Yas Island participated at this year's Arabian Travel Market (ATM) on April 24 —27, in order to showcase its full range of leisure and MICE offerings to both domestic and international visitors.
Ahead of its 14th consecutive year of attendance at Arabian Travel Market, Sri Lanka Tourism highlighted the importance of the Middle Eastern market, which accounts for around seven to eight percent of all arrivals.
In support of the UAE's Year of Giving, Etihad Airways unveiled plans for a new philanthropic project confirming that it will donate AED1 (USD0.27) to Emirates Red Crescent Society from every flight ticket sold in the UAE.