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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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The divestment is part of Dubai Financial Group's restructuring plan. (Aswat Masriya)
August 15th, 2016 - 05:00 GMT

Dubai Financial Group sells share in Egyptian investment bank EFG Hermes

The defendants include six Saudis, two Pakistanis and one defendant each from Jordan, the Philippines, Canada, Palestine, Egypt and the UAE. (AFP/File)
August 15th, 2016 - 04:00 GMT

Mecca crane collapse case: Criminal court gives defendants 45 days to counter charges

The Labor Ministry's eventual goal will be to recruit only skilled foreign workers in various business sectors. (Shutterstock)
August 14th, 2016 - 01:14 GMT

Saudization: Labor Ministry to unveil six new projects

Saudis’ spending abroad was the highest among all the Gulf states, and topped that of all Arab countries.  (AFP/Fayez Nureldine)
August 14th, 2016 - 12:14 GMT

Saudi tourists among top 20 of highest spenders abroad

Many of the companies looking at Eni's Zohr are either already active in Egypt or have recently landed bordering acreage in Cyprus, such as Exxon Mobil and Total.  (Eni)
August 14th, 2016 - 09:00 GMT

Eni mulls sale of 20 percent stake in Egypt's giant Zohr gas field

(Flickr/Fabio Achilli)
August 14th, 2016 - 08:00 GMT

Catch that cab: Dubai to add 2000 taxis to fleet over next five years

The riyal’s exchange rate  is currently at 3.75 against the U.S. dollar according to the Central Bank's website. (File photo)
August 14th, 2016 - 07:00 GMT

Saudi Arabia reaffirms commitment to dollar peg

Austerity measures were inevitable with or without the IMF loan. (File photo)
August 14th, 2016 - 06:00 GMT

Egypt's $12B IMF loan: Long-term benefits disputed

Bollywood Parks Dubai, Motiongate Dubai, and Legoland and Legoland Water Park are due to open in Dubai on October 31, 2016. (Shortlist Dubai)
August 14th, 2016 - 05:00 GMT

Dubai Parks and Resorts’ losses widen as expansion plans near fruition

Operation Tidal Wave II has focused specifically on supply lines tied to the illicit movement of oil said to be financing regional terrorism operations. (Twitter/KR Security Council)
August 13th, 2016 - 11:05 GMT

Senior Daesh oil commander killed by Kurdish, US forces

In September 2015, after bilateral negotiations in Tehran it was announced that the project will be operational by late 2017. (AFP/File)
August 11th, 2016 - 02:00 GMT

Oman and Iran agree to redesign gas pipeline route

The IMF says it has reached an initial agreement with Egypt for a $12 billion loan over three years. (AFP/File)
August 11th, 2016 - 12:28 GMT

Egypt obtains initial $12bn deal with IMF to cover next three years

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