Fujairah’s hotels occupancy rates increased by 7.2 per cent in January
UAE hotels report decline in average daily rates and revenue per available room Dubai: Hotels in Abu Dhabi and Dubai posted a subdued performance in January 2017 compared to a year earlier, with the overall average daily rates (ADR) dropping by 8 per cent, according to the latest data. “Abu Dhabi reported a 1.5 per cent decline and Dubai posted nearly flat performance,” said market research ...read more
Date : 2017/02/23
Fujairah Police wins Dubai Award for Sustainable Transport
:SHARJAH Fujairah Police’s machine, which alerts a motorists when he is trying to park in a place designated for people with special needs, has continued to attract awards. “This is the third year we have won an award in the region for the three years since the establishment of this machine,” said Brig. Mohammed Bin Naie from Fujairah Police. “If you don’t have a permit and approach the ...read more
Date : 2017/02/21
Ban on import of used cars with major faults from May 1
UAE imports around 300,000 used vehicles annually from US, Japan and Germany Image Credit: Abu Dhabi: The UAE standards authority will ban import, insurance and registration of used but grossly damaged vehicles from May 1, a senior official said on Tuesday. Abdullah Al Maeeni, director-general of the Emirates Authority for Standardisation and Metrology (ESMA), told Gulf News the ban will ...read more
Date : 2017/02/21
5,000 millionaires move to UAE in 2016
UAE continue to beat out other destinations in the race to becoming a haven for the rich Dubai: The UAE has proven yet again that it is a magnet for the super-wealthy, as can be gleaned from the latest intelligence data from a millionaire migration tracker. New World Wealth told Gulf News on Tuesday that the number of ultra-rich individuals opting to make the UAE as their home continued to ...read more
Date : 2017/02/21
Where Fujairah rents have risen and fallen in 2016 – in pictures
Find out how rental prices in Sharjah and the Northern Emirates have changed in 2016 and the average annual rates you will pay, according to data provided by Asteco. Fujairah. Sarah Dea / The National Fujairah apartments 1BR – Dh40,000 average rental rate, down 7% year-on-year 2BR – Dh49,000 average rental rate, unchanged year-on-year 3BR – Dh64,000 average rental rate, unchanged ...read more
Date : 2017/02/20
Mott MacDonald acquires Fuajirah-based consultancy firm
DUBAI; Mott MacDonald, a multidisciplinary consultancy, said it has acquired Wideurope Engineering, a major engineering and design company based in Fujairah, the UAE. Established in 2002, Wideurope Engineering employs over 50 people across its offices in Dubai and Fujairah in the UAE and Genoa, Italy. The company operates primarily in the energy sector providing expert technical support and ...read more
Date : 2017/02/19
Fujairah to Speak on National Oil Companies’ Transformation in 2017 at London’s IP Week
H.H. Sheikh Dr. Rashid Bin Hamad Al Sharqi, Deputy Chairman, Fujairah Oil Industry Zone, will Head the Delegation from the UAE’s Emirate of Fujairah, at the Middle East Energy Summit under the Auspices of The Energy Institute’s International Petroleum Week in London on Feb. 22nd. Dubai ; His Highness Sheikh Dr. Rashid Bin Hamad Al Sharqi, Deputy Chairman, Fujairah Oil Industry Zone shall lead ...read more
Date : 2017/02/15
Fujairah Building Industries profits up in 2016
Fujairah Building's revenues stood at AED 244.94 million in 2016 (Photo Credit: Company Website) 12 February 2017 05:11 PM FBIFBICO0.65%1.560.01 Abu Dhabi – Mubasher: Fujairah Building Industries reported a rise in its annual profits by 113.7% year-on-year during the fiscal year 2016, according to a bourse statement. Profits amounted to AED 15 million ($4.08 million) in 2016, compared to AED ...read more
Date : 2017/02/12
Fujairah Cement recommends 6% dividends for 2016
The company’s capital stands at a total of AED 355.87 million (Photo Credit: Arabianeye-Reuters) 12 February 2017 10:33 AM Fujairah Cement Industries FCI -9.84% 1.10-0.12 Abu Dhabi – Mubasher: Fujairah Cement Industries Co. said its board proposed 6% cash dividends, equivalent to 6 fils per share, for the fiscal year 2016, according to a bourse statement. Recommended dividends payout ...read more
Date : 2017/02/12
Fujairah emerging
Oil traders eye Middle East’s new frontiers as the Port of Fujairah leads UAE to become an energy hub alongside global heavyweights, says Jonty Rushforth, Head of Pricing at S&P Global Platts. The rapid evolution of the Middle East’s budding energy trading ecosystem is on track to create a new oil products hub alongside behemoths Rotterdam and Singapore within a decade. The UAE’s Port of ...read more
Date : 2017/02/12
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