/Arabian Post Staff/ Emirates Group, which operates Emirates Airline – the world’s largest international carrier – reported a 44 percent decline in profits to US$631 million (Dh2.3 billion) in 2018-19 financial year ending March 31, 2019, despite achieving a 7 percent growth in revenue to reach US$29.8 billion (Dh109.3 billion). In line with the overall profit, the Group declared a dividend of Dh500 million (US$136 million) to its shareholder, […]
|By Arabian Post Staff| Emirates Group reported a 67 percent jump in net profits to $1.1 (Dh4.1 billion) billion in 2017-18 financial year ending March 31, 2018 compared to the previous year, with revenues reaching $27.9 billion (Dh102.4 billion), crossing the Dh100 billion mark for the first time in the history of the 32 year old airline group that includes Emirates Airline and its ground handling and ticketing arm, […]
By Matein Khalid A dismal legacy of civil war, sanctions, insurgency, foreign invasion and terrorism has had a catastrophic impact on the Iraqi economy. Prime Minister Haider al-Abadi told the assembled global elite at Davos 2018 that Iraq needed $100 billion in postwar construction. Yet money alone will not solve Iraq’s problems of systemic corruption, a society divided by sectarian cleavages, poverty, the displacement of 2 million […]
|By Anand Vardhan|Shaikha Hind Al Qassimi, member of the royal family of Sharjah, is a multifaceted personality with an enviable record as a painter, publisher and fashion designer. She has set up a number of businesses that reflect her interests, among them a fashion house that showcases exquisitely designed abayas, which combine luxurious functionality and style. Her signature brand, ‘House Of Hend’ retails in several countries in […]
Havana gets its first major luxury hotel The Gran Hotel Manzana Kempinski La Habana, Havana’s first international luxury hotel, is open for bookings from June 1. The 246-room property was originally built between 1894 and 1917 as the city’s first European-style shopping arcade, Manzana de Gómez. Rooms have high ceilings and French doors, and there’s a rooftop pool, three restaurants, a cigar lounge, fitness centre and spa. […]
In partnership with TechCrunch, The Europas Conference & Awards, is a different kind of tech event which features main-stage speakers and panels as well as smaller breakout sessions on key subjects for startups. The Europas conference is followed by a glittering awards based on voting by expert judges and the industry itself. Voting is now live, so please go and vote! The awards are editorially led, with […]
15 May 2017 The legal departments at Pepsi-Cola International, Total Marketing Middle East and Qatar Financial Centre Authority were among the big winners at the Middle East Legal Awards, which took place at The Ritz-Carlton, Dubai, on Thursday (11 May). The trio were named Legal Department of the Year in the large team, small team and government, department, agency or public body categories respectively. The award for […]
Model-of-the-moment Winnie Harlow will walk the runway during Arab Fashion Week at The Meydan Hotel in Dubai this week. The 22-year-old Canadian, who has the depigmenting skin condition vitiligo, is one of many famous figures taking part in the event, which runs from tomorrow until Saturday. “Cardi B, the American influencer and hip-hop artist, will be flying in,” says Jacob Abrian, chief executive of the Arab Fashion […]
Uber should be regulated as a transport company and be subject to the same rules as normal taxis, according to a non-binding opinion by the Advocate General at the EU’s top court. The opinion, stating that the US ride-hailing app “must be classified as a ‘service in the field of transport’”, would deal a major blow to Uber if followed with a final judgment by the European […]
Zaha Hadid’s first project in Dubai is a work of art to rival any of the renowned Iraqi-born architect’s award-winning structures, and will add something very different to the city’s burgeoning collection of prestige buildings. In many ways, a visit to Dubai’s Business Bay feels like a trip back to the future – to a city that feels eerily familiar to anyone who can remember the giddy […]
The welcome Possessing one of the most majestic facades a hotel can have, with towering marble columns and maritime sculptures, London’s second Four Seasons opened this year in an exquisitely refurbished beaux arts building, once the grand headquarters of the Port of London Authority. I arrive via cab (make sure you specify the new Four Seasons at 10 Trinity so that the driver doesn’t confuse it with […]
MUSCAT // Travel agents in Muscat say holiday bookings for Dubai have risen by 80 per cent in the past 12 months, as Omanis hit by rising inflation opt for destinations closer to home. Dubai has taken over from Thailand as the top holiday destination for Omanis. “Omani travellers now prefer to go on holiday in Dubai … more than other destinations,” Veenith Laghari, a tour operator […]
Better known for his role in Danny Boyle’s Oscar-winning Slumdog Millionaire, Dev Patel has proven equally adept at drama and comedy. Patel joined the cast of Aaron Sorkin’s The Newsroom, as well as starred alongside acting royalty in the Best Exotic Marigold Hotel. This year, he’s starring alongside Jeremy Irons in The Man Who Knew Infinity, and Lion, with Nicole Kidman and Rooney Mara. Lion is based […]
Actor Dev Patel was in Dubai on Tuesday to be honoured as one of the Chivas Icons at the H Hotel venue Play. The 27-year-old has been having a very good year. The Brit earned a best supporting actor Academy Award nomination for his turn in the real-life tale Lion, in which he portrayed Saroo Brierly, who was adopted by an Australian family after he was lost […]
Design masterminds from the fashion world have always extended their creativity and influence way beyond the runway and retail spaces, to infuse their iconic style into everything from everyday items like water bottles, all the way to fully fledged furniture collections. Amongst the most interesting projects for some of the top fashion designers are collaborations on hotel properties that represent their unique touch and taste across rooms, […]
Sheikh Mubarak Al Sabah Hailed Industry Pioneer at Arabian Hotel Investment Conference April 28 2017, Dubai UAE: His Excellency Sheikh Mubarak A M Al Sabah, founder and chairman of Action Hotels has been acknowledged by the region’s hospitality sector after receiving the signature Industry Pioneer award presented by His Highness Sheikh Ahmed bin Saeed Al Maktoum at the Arabian Hotel Investment Conference (AHIC 2017) in Dubai (yesterday, […]
Emerging market equities have been the darling asset class de jour in 2017, mainly in Asia and Latin America, despite the March FOMC rate hike, a US Dollar Index at or above 100 and a mini-swoon in crude oil after a Saudi-Russian output cut spat. Earnings growth (India/Thailand) a stabilized currency (China), policy reforms (India, Brazil, Indonesia) local interest rate cuts (Brazil) and lower US protectionist policies […]
· “The Middle East remains an extremely important region and we are committed to enhancing our customer experience,” says Robert Williams · British Airways’ recently announced investment plans to boost customer experience with the new First Wing now open to passengers flying from Kuwait · Airline set to launch 22 New Routes in 2017 expanding its network of onward connections for Kuwaiti and wider Middle […]
With renowned hotel chains launching stylish new properties all across the Middle East, we are spoilt with choice when it comes to spending the night in some of the most modern and futuristic buildings in the world. Hotels with a past however have their own certain appeal, offering architectural highlights of the historic kind. Browse through the following hotels from around the globe and be inspired by […]
Image: Christopher Furlong/Getty Images By Chloe Bryan, Tricia Gilbride, and Laura Vitto2017-04-23 13:09:48 UTC All dogs are good, but some dogs are the best. Using a unique and complex algorithm that we cannot disclose (just kidding, we picked 50 dogs from the American Kennel Club website, gave each a score out of 10, then argued with each other in the case of a tie), we have ranked […]
By Kate Holton and William Schomberg | NEWTON FERRERS, England/LONDON NEWTON FERRERS, England/LONDON Before last year’s Brexit vote, Scott McCready was struggling to fill his holiday cabins on the coast of southwest England. Now the site is fully booked with British tourists avoiding more expensive foreign trips following a plunge in the pound. This turnaround in the 10 months since Britons decided to leave the European Union […]
Photo Rifaat al-Assad in Paris in 2011. A Spanish judge ordered the seizure of numerous properties associated with him or his family. Credit Michel Euler/Associated Press LONDON — Rifaat al-Assad, an uncle of President Bashar al-Assad of Syria, was named on Tuesday in a European money laundering investigation. A Spanish judge, José de la Mata Amaya, ordered the seizure of properties in Spain that are controlled by […]
By Alexandra Ulmer and Alexandra Valencia | QUITO QUITO Leftist government candidate Lenin Moreno claimed victory in Ecuador’s presidential vote on Sunday, bucking a shift to the right in South America, but the conservative challenger asked for a recount as his supporters took to the streets in protest. A Moreno win would come as a relief for Wikileaks founder Julian Assange after Guillermo Lasso vowed to remove […]
02 April 2017 Doha, Qatar – 3 April: Shangri-La Hotel Doha, owned by Al Rayan Tourism Investment Company (ARTIC), the international hospitality subsidiary of Al Faisal Holding Company, headed by His Excellency Sheikh Faisal bin Qassim Al Thani, proudly welcomes Chef Jean-Luc Morcellet on-board as the new Executive Chef. Chef Morcellet, originally from France, has over 20 years of international experience, having worked in reputable hotel chains […]
