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UAE TOURISM ECONOMY
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...- How the Mideast war brought UAE, Israel closer togetherAfter facing barrages of Iranian missiles that threatened its economic future, the UAE has moved closer to Israel, widening a split with al...
- Dubai chefs shrink menus as Iran war makes tomatillos, scallops harder to sourceIran war: Dubai's vibrant restaurant scene is feeling the pinch. Chefs are struggling to get key ingredients like avocados and tomatillos. ...
- India’s $138 billion money bank outside the border is getting harder to shakeThe resilience of India's remittance system has reached new heights, with money sent home now more equipped to withstand external shocks. A...
- Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
- Strait of Hormuz crisis to lead Gulf region into recession? Global diplomacy and rising tensions shape Gulf outlookStrait of Hormuz crisis to lead Gulf region into recession? The Gulf region faces rising tensions after attacks, shipping restrictions, and...
- UAE hotels find peace in war, go for renovations and upgradesPremium hotels in Dubai are undertaking renovations. This is happening due to a slowdown in tourist numbers. Some hotels will close for up ...
- Middle East crisis sparks a new fear: Not being able to flyAmid rising tensions linked to the Gulf War, concerns over air travel are shifting from fear of flying to fear of not flying at all. Sudden...
- Xi's $270 billion Middle East bet limits China support for IranChina's substantial investments across the Middle East, particularly in green tech and tourism, are now jeopardized by regional conflict. D...
- UAE draws up economic shield plan to counter Iran war falloutThe United Arab Emirates is preparing a contingency economic plan. This plan aims to protect the economy from disruption and boost long-ter...
- Iran's Gulf attacks put India’s money flowing engine into one of the toughest testsIndia's essential remittance inflows are confronting an extraordinary obstacle. The intensifying turmoil in West Asia is fueling anxiety am...
- Iran-Israel war: UAE plans to introduce tourism package as travel and aviation sectors face challengesThe United Arab Emirates is launching a new support package for its tourism sector. This comes as regional tensions impact travel and aviat...
- Dubai rolls out AED 1 billion incentives, other measures to boost economyDubai is launching significant economic support measures. These initiatives, worth AED 1 billion, will be in place for three to six months....
- Dubai unveils fiscal package to bolster businessesDubai has unveiled a significant AED 1 billion fiscal package to bolster businesses, especially those in tourism and trade impacted by curr...
- UAE slows down from Gulf war stress; raises remittance concerns for India amid layoffs, pay cutsThe United Arab Emirates economy faces early stress as the Gulf war continues. Sectors like hospitality, travel, and food & beverage are se...
- UAE retailers tap alternative ways to fill food aisleDubai retailers are finding new ways to bring goods to the UAE. A truck is traveling from London to Dubai carrying snacks. This land route ...
- No capital flight from the UAE, only risk recalibration: Badr JafarGlobal investors are reassessing risks in the Gulf amid ongoing conflict. However, the UAE is not seeing capital flight, according to Badr ...
- Madhavan makes urgent appeal for Dubai taxi drivers, urges UAE residents and tourists to help out amid Iran-US warActor R. Madhavan has urged UAE residents to support taxi drivers struggling with low earnings amid the ongoing Middle East conflict. Shari...
- As Iran-Israel-US war begins to hurt, UAE takes steps to ease the painThe UAE is taking proactive steps to shield its economy from regional conflict. The Central Bank is injecting liquidity into banks, allowin...
- Expo 2020 Dubai kicks off with lavish opening ceremonyDubai, the region's tourism, trade and business hub, is hoping to boost its economy by attracting 25 million business and tourist visits to...
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