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UAe hotel
March 11th, 2026 - 08:42 GMT
Sally Shakkour

Sally Shakkour

Empty rooms, big discounts: UAE hotels cut prices amid Iran war

ALBAWABA - Hotel prices in the UAE decreased sharply amid regional tensions linked to the Iran war, which triggered a wave of travel cancellations. Luxury hotels in cities like Dubai and Abu Dhabi are offering big discounts in an effort to attract visitors and fill empty rooms, creating unexpected bargains for travelers willing to book now. Al Bawaba checked several sites, including Booking.com and noticed a slash in hotel prices ...
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In a trend reflected throughout the Gulf, Saudi Arabia has also turned to international markets to borrow money, raising a $10 billion international loan last month.  (Shutterstock)
August 24th, 2016 - 11:00 GMT

Saudi Arabia gears up for $5.3B domestic bond sale

Kuwait  is expected to require several new power stations between 2020 and 2030. (Pixabay)
August 24th, 2016 - 09:34 GMT

Nuclear no go: Kuwait abandons plans for nuclear power plant

Bahrain is implementing a royal order to provide 40,000 units for citizens with housing projects nationwide. (File photo)
August 24th, 2016 - 08:30 GMT

Bahrain inks $395M in housing, infrastructure project deals

Higher oil prices will benefit Kuwait, the UAE and Oman the most by reducing the current account deficits by an average of four to seven percent of GDP.
August 24th, 2016 - 07:30 GMT

Oil price hike brings relief, but unlikely to impact credit ratings: Moody's

Al Bawaba
August 24th, 2016 - 06:26 GMT

Nepal Airlines seeks Gulf partnerships to fast track expansion

The Kuwaiti Fund loan to finance the project will be repaid in instalments over 20 years, with a five-year grace period. (Shutterstock)
August 24th, 2016 - 05:00 GMT

Plans to link Saudi, Egypt power grid backed by Kuwaiti Fund

Sudan has  no restrictions on gold exportation, meaning that investing companies can export all the gold they produce. (Shutterstock)
August 24th, 2016 - 04:21 GMT

Gulf investors look to strike gold in Sudan

Egypt's President Sisi and the UAE's Mohammed bin Zayed Al Nahyan during the latter's visit to Cairo in April 2016. (File photo)
August 23rd, 2016 - 12:30 GMT

UAE offers $1B to Egypt's Central Bank

The Education Ministry plans to introduce double shifts at 102 schools where Syrian students are enrolled, bringing the total number of schools working on two shifts to 200. (File photo)
August 23rd, 2016 - 11:30 GMT

Donors commit $97.5M to Jordan Compact Education fund

The Four Seasons Hotel, Cairo. (Four Seasons)
August 23rd, 2016 - 10:30 GMT

Egypt: Roadmap for return of Russian tourists to include hotel inspections, more delegations

The King Fahd Causeway linking Bahrain and Saudi Arabia. (Wajahat Mahmood/Flickr)
August 23rd, 2016 - 09:17 GMT

Construction of Saudi bridges to Bahrain, Qatar expected to begin 'soon'

In the UAE, the first most affected sector for spear phishing is finance, followed by oil and gas.  (Shutterstock)
August 23rd, 2016 - 07:30 GMT

Smartworld, MENA's first cybersecurity center, to open in Dubai

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