Author: Arabian Media staff
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Dubai-based carrier Emirates and IHG Hotels & Resorts have signed a Memorandum of Understanding (MoU) to explore joint collaborations on programmes designed to meet the travel needs of Small and Medium Enterprises (SMEs) across global markets. The signing ceremony was attended by Nabil Sultan, Emirates’ Executive Vice President for Passenger Sales and Country Management; Matthew Jones, VP-USA, Emirates; Ashraf Baytam, Senior Manager Global Business Travel, Emirates; and Ryan Plemmons, Vice President, Global Sales Strategy, IHG Hotels & Resorts. The partnership will see the Dubai-based carrier and IHG explore ways to reach and engage with SMEs through value-added benefits and rewards…
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Image courtesy: WAM/ For illustrative purposes The US Federal Reserve on Wednesday maintained its benchmark federal funds rate target range at 4.25 to 4.5 per cent, citing signs of moderating economic activity in H1 2025 while noting that inflation remains “somewhat elevated”. The Federal Open Market Committee (FOMC) reiterated its commitment to achieving maximum employment and 2 per cent inflation over the longer run. The committee acknowledged that “uncertainty about the economic outlook remains elevated” and stated it is “attentive to the risks to both sides of its dual mandate”. In its statement, the FOMC noted that while swings in…
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Image: Supplied Recently, Dalands, in partnership with Marriott International and supported by Marjan, the master developer of freehold property in Ras Al Khaimah, announced the signing of W Residences Al Marjan Island. Scheduled to open in Q4 2027, this development will be co-located with the W Al Marjan Island hotel, blending vibrant hospitality with elevated residential living on one of the UAE’s iconic beachfront destinations. This project marks a new phase in Dalands’ expansion in the UAE, building on its track record in boutique resorts and luxury residences. In this interview, Saurabh Gupta, CEO of Dalands Holding, discusses how branded…
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Image courtesy: WAM/ For illustrative purposes The UAE’s non-oil foreign trade reached a record Dhs1.7tn ($470.3bn) in H1 2025, a 24 per cent increase from the same period in 2024, according to a tweet from Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Sheikh Mohammed stated that this growth was double the figure achieved in the first half of 2021 and represents an “unprecedented boom” with historic growth rates of 59.5 per cent and 37.8 per cent compared to H1 2022 and 2023, respectively. Sheikh Mohammed attributed the success to…