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Emaar to build MidEast's largest Chinatown in Dubai Creek Harbour

Emaar to build MidEast's largest Chinatown in Dubai Creek Harbour

Emaar on Wednesday announced a landmark development in Dubai that will further strengthen UAE-China relations, coinciding with the historic visit of President Xi Jinping to the UAE.

Emaar said it will develop the Middle East’s largest Chinatown within the retail district of Dubai Creek Harbour, its six-square kilometre mega-development.

The retail

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US hedge fund said to enter race to buy Abraaj assets

US hedge fund said to enter race to buy Abraaj assets

York Capital Management, the hedge fund run by Jamie Dinan, is the latest party to join the race to buy the asset-management platform of embattled Dubai private-equity firm Abraaj Group, according to people familiar with the matter.

The New York-based firm is offering $45 million for the platform, including about $20 million in severance payments

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EU, US complain over GCC duty on energy, fizzy drinks

EU, US complain over GCC duty on energy, fizzy drinks

The European Union, Switzerland and the United States have complained at the World Trade Organisation about an excise tax imposed by three Gulf states on carbonated and energy drinks.

According to notes of a WTO meeting, concerns were raised earlier this month about the 100 percent excise duty on energy drinks and a 50 percent duty on other

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Average Dubai property prices fall by 4% during Q2 - Asteco

Average Dubai property prices fall by 4% during Q2 - Asteco

Average villa and apartment sales prices fell by 4 percent during the second quarter of 2018, with an annual drop of 11 percent, according to Asteco.

Its Dubai Real Estate Report Q2 2018 said the decline in apartment sales was most prominent in Dubai International Financial Centre (DIFC), Discovery Gardens and Dubai Sports City - registering a 6

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Chinese tourists to Dubai more than double since 2014

Chinese tourists to Dubai more than double since 2014

The number of Chinese tourists to Dubai have more than doubled in the past four years, according to new figures released on the eve of a visit by President Xi Jinping.

Dubai Tourism reported growth of 119 percent in overnight Chinese visitors since 2014 and a year-on-year increase of 41.4 percent from 2016 to 2017.

Combined with a number of key

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.

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