Dubai Hotel Reaches 2.75 Billion Dirhams in January

Dubai recorded record hotel sector revenues in January, reaching 2.75 billion dirhams. Growth is driven by major events and increased international appeal.

Hotel room revenues in Dubai last January reached 2.75 billion dirhams. This figure reflects the resilience of the emirate's tourism sector. Experts attribute the increase in demand to major events and Dubai's growing appeal as a global destination. The hotel industry continues to show stable results despite global economic challenges.

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2026-03-03T10:13:53+00:00

Middle East War Threatens European Economy

The ECB's top economist warns of risks of soaring inflation and a production drop in the euro area due to the ongoing conflict and reduced energy supplies from the Middle East.

Economy Politics Local

2026-03-03T10:12:57+00:00

Sharp Rise in Airfares Due to Airport Closures

Airfare prices between Asia and Europe have risen significantly after major airports in the Middle East were closed. Airlines are changing routes, increasing travel time and cost. Passengers are facing difficulties in planning trips. Experts predict the situation will continue in the near future.

Economy Events Local

2026-03-03T10:11:42+00:00

Brent Crude Price Surpasses $81 Per Barrel

Brent crude price rose over 4% in Tuesday Asian trading, surpassing $81 per barrel. The increase is driven by geopolitical instability and high oil demand.

Economy Local

2026-03-03T10:11:32+00:00

Coal Prices Surge to 15-Month High

Coal prices used in power plants have surged to their highest level in 15 months due to an unprecedented closure, significantly impacting the energy sector and creating risks for energy supply stability.