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DUBAI - Rising occupancy levels in hotel industry show signs of recovery and the first quarter proved better than last year, a top official of a Dubai-based hotel said.
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DUBAI - Hotels in Ajman are enjoying good occupancy levels because of attractive rates and short travel distance from Sharjah and Dubai, an executive of an Ajman-based hotel said.
DUBAI — Passengers and travel professionals worldwide have recognised Dubai Airports’ service initiatives with two prestigious awards. Dubai International won ‘Best Airport in the Middle East’ at the Business Traveller Middle East awards and ‘Middle East’s Leading Airport’ at the 2010 World Travel Awards award ceremonies held in Dubai earlier this week.
DUBAI — Dubai shares fell to the lowest in a week on concern Dubai World will stop paying interest on loans starting this month, and as stocks slid globally as a deepening debt crisis in Europe’s threatens to slow an economic recovery.
DUBAI — The number of hotel rooms in Sharjah is expected to increase by 75 per cent in the next four years, a top government official of the emirate said on Thursday at Arabian 
Travel Market (ATM).
DUBAI — Dubai Islamic Bank, or DIB, said on Wednesday that its net profit for the first quarter dropped 46 per cent to Dh200 million from Dh370.3 million recorded in the same 2009 period.
DUBAI — Hotel occupancy rate in Sharjah increased to 70 per cent in the first quarter of 2010 compared to 69 per cent the emirate reported in the corresponding period in 2009.
DUBAI — Travel agents are set to become the focus of the tourism industry on Thursday, as the Arabian Travel Market kicks off its dedicated ‘Travel Agents Day’ — an initiative designed to foster the latest top-class travel and tourism education among the trading community.
DUBAI — The Dubai Gold & Commodities Exchange, or DGCX, on Wednesday announced that 107,641 contracts were recorded in April, reflecting an increase of nine per cent over the same period last year and valued at $6.12 billion.
ABU DHABI — The leading investment bank, Credit Suisse has upgraded Abu Dhabi banks on the back of robust operating earnings and better than expected asset quality reported in first quarter of the year.