Bahrain Duty Free Complex has reported gross revenues of $76.5 million for 2016, up 2.6 per cent compared to $74.5 million the previous year.
Diyar Al Muharraq, one of the leading urban developers in Bahrain, is showcasing its flagship residential projects at the Avenues Mall, the largest luxury shopping destination in Kuwait.
The Russian Direct Investment Fund (RDIF) said its consortium comprising leading Middle Eastern funds has finalised a deal to acquire a minority stake in $2.35 billion Russian Helicopters (part of the Rostec State Corporation).
Hyundai Motor has announced the world premiere of its fifth-generation Hyundai Accent at the Canadian International Auto Show in Toronto which runs till February 26.
Bahri, a global leader in logistics and transportation, has opened a new office in Mumbai to strengthen its presence in the fast-growing Indian maritime industry and lay the foundation to offer diverse shipping services to domestic customers.
With a rather topsy-turvy 2016 behind it, the real estate market in the UAE is expected to take positive strides in 2017, according to a report.
Ras Al Khaimah's hospitality sector witnessed solid growth, recording a 10.9 per cent increase in full year visitor arrivals and a 9.8 per cent jump in occupancy rate, taking the annual occupancy to 71 per cent, according to a report.
Swiss luxury wristwatches company Oris has a stated mission to make a difference to the future of endangered species, particularly those found in the ocean.
The increase in affordable housing in Dubai is having a negative effect on rents in the Northern Emirates, according to the latest report from real estate consultancy Asteco.