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Dubai Marina district
July 22nd, 2026 - 08:21 GMT
P. Choiaqo

P. Choiaqo

Dubai offering $815 to people inviting family and friends to visit

ALBAWABA - Feeling the heat from the war hitting the tourism industry, Dubai has begun to take measures to attract visitors - giving 3,000 Dirhams or about $815 to Dubai residents who invite their family and friends to visit the city. It seems unthinkable that Dubai would resort to paying people to visit but the realities of war make for strange measures; the $815 would not be given in cash ...
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The chairman was at the helm of Arabtec during last June’s market crash, following a dispute that led to the resignation of CEO Hasan Ismaik and the dismissal of much of the management team.
April 19th, 2015 - 11:49 GMT

Falling apart? Arabtec chairman, founder both call it quits

Al Bawaba
April 19th, 2015 - 05:55 GMT

Deteriorating oil, deteriorating budget: Moody downgrades Bahrain's ratings

Moqaddam said that Chinese banks are investigating a plan to finance Iranian projects at three times the amount of money Iran has in China (image: on file).
April 19th, 2015 - 04:55 GMT

A happy customer: China invested $21 billion in Iran's oil sector

Al Bawaba
April 19th, 2015 - 04:55 GMT

From fireworks to drones: Dubai ruler issues new aviation law

Al Bawaba
April 19th, 2015 - 03:55 GMT

Reaching out: Kuwait finalizes investment arm in Egypt

Turkey has been declared as the host for the conference on Halal Tourism- a sector that is currently worth $150 billion (Dh550.5 billion).
April 17th, 2015 - 11:36 GMT

A $150 billion potential: Turkey to host Halal tourism conference

Al Bawaba
April 16th, 2015 - 06:35 GMT

Ahlan wa sahlan: Saudi Arabia to open stock market to foreigners on June 15

Four new gas-powered power plants will have
a total capacity of 900 megawatts (image: on file).
April 16th, 2015 - 06:13 GMT

Power relations: Egypt signs $1.6 billion worth of energy with Kuwait

Al Bawaba
April 16th, 2015 - 08:31 GMT

Rising in the face of oversupply: Brent crude hits 2015 highs

Currency, interest rates and deposits showing signs of stability, according to central bank Governor Riad Salameh (image: on file).
April 16th, 2015 - 08:00 GMT

Lebanon's economy finally coping with Syrian crisis

In 2013, the IMF’s projections for real GDP growth was 2.2% (image: on file).
April 16th, 2015 - 07:45 GMT

Some optimism: IMF raises Egypt's growth forecast for 2015, 2016

Al Bawaba
April 16th, 2015 - 04:55 GMT

Time for some appreciation? Etihad Airways claims to have added $1 billion to Europe's economy

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