Business & Management

Regional subsidiary opens in Dubai

HöRMANN KG, EUROPE’S leading manufacturer of doors for private and commercial buildings, announced  that it has established its own foreign subsidiary in the Middle East.

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New contract for Drake and Scull

DRAKE & SCULL International (DSI), through its Abu Dhabi subsidiary, has been awarded its first contract of 2010, a Mechanical, Electrical & Plumbing (MEP) contract for Centro Hotel, Capital Center, a Rotana hotel in the Adnec complex in Abu Dhabi.

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Expansion plans for Fairmont Hotels and Resorts

Hospitality chain Fairmont Hotels and Resorts has revealed its development plan for 2010, with seven new hotels being added to its global portfolio of 59 properties. The Middle East will see the newly-developed Makkah Clock Royal Tower hotel in Saudi Arabia, which the hospitality chain believe will become a key destination for visitors from the UAE and the rest of the region.

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Dubai Airport bucks the trend in world growth

DUBAI INTERNATIONAL AIRPORT is on track to become the fastest growing airport in the world after racking up a record 40.9mn travellers last year and bucking the trend of declining air travel in much of the rest of the world.

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Major infrastructure projects progress in the Gulf

Major infrastructure projects in the Gulf continue to progress without being affected by the financial crisis, according to Hyder Consulting. A senior company official said that the company is working on infrastructure projects worth billions within the region.

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