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UAE banks cheer S&P upgrades

UAE banks cheer S&P upgrades

Banks yesterday welcomed a move by Standard & Poor’s to upgrade the creditworthiness of Mashreqbank, based in Dubai, and factor an increasing level of government support into ratings of other lenders in the UAE.

Titanic £97m plan on course for 2012 finish

Titanic £97m plan on course for 2012 finish

The £97m Titanic Signature Project is “on course” to be ready for the centenary of the doomed liner after the Executive finalised its financial commitment, according to the government department leading the project.

Dubai Hotel Business Posts Gains as MICE Activities Up in First Quarter

Dubai Hotel Business Posts Gains as MICE Activities Up in First Quarter

With the improvement in the economic indicators, the UAE’s hotel industry has done ‘good’ business in the first quarter of the year led by Dubai, on the back of the Meetings, Incentives, Conferences and Exhibition or MICE activity that has contributed to the strong room occupancy, top officials said.

Dubai hotel wins HACCP first for region

Dubai hotel wins HACCP first for region

Weeks of training and audits have resulted in ‘Menu-Safe’ HACCP certification for Dubai’s Arabian Park Hotel, the first three-star hotel in the Middle East to do so.

DTCM-hoteliers discuss tourism performance

DTCM-hoteliers discuss tourism performance

The Dubai Department of Tourism and Commerce Marketing (DTCM) held a meeting with select representatives of Dubai hotels on Tuesday as part of its continuous efforts to take stock of the current tourism industry developments and discuss various initiatives to boost visitors’ number to the emirate and hotel occupancies.

Dubai bans alchohol in food

Dubai bans alchohol in food

The Dubai municipality, in a significant move, has ordered all the hotels and food establishments in the city to stop selling dishes containing alcohol, said a report.

Garden extraordinaire

Garden extraordinaire

At 73% of the total area, green space dominates Dubai’s biggest parks project, Mohammed Bin Rashid Gardens. Michele Howe takes a closer look. Just when it seemed as though Dubai couldn’t possibly contain any more mega developments, along came the announcement of Mohammed Bin Rashid Gardens.

Dubai Promises Eco-Friendly Gardens in the Desert

Dubai Promises Eco-Friendly Gardens in the Desert

One question that continues to be asked by people around the world is just how big a project can be before it’s absolutely laughable to call it green. The latest mega-project from Dubai stretches the bounds of eco-believability. It’s a $54.4 billion environmentally friendly real estate project stretching over 20,000 acres.