2.8 billion US dollar hospitality hub in RAK
The International Hospitality Trade and Training Zone (Ihottz), a US$ 2.8 billion joint venture between the Investment and Development Office of the Government of Ras Al Khaimah and the US-based Argentum Development Company to create a regional hub for the global hospitality industry, will host around 16 world renowned educational institutions at the 90- acre [...]
First female judge appointed in UAE
The Dubai International Financial Centre Courts (DIFC Courts) has announced the appointment of six new judges to interpret laws and issue orders for the enforcement of laws in the Dubai International Financial Centre. They will offer their expertise to all facets of the court, with particular importance for the Court of Appeal, bringing with them [...]
New Renault Nissan Plant to be Built in Morocco
A giant $865 million manufacturing complex with the capacity to build 200,000 vehicles a year by 2010 is to be built by Renault-Nissan in Morocco. The complex will be the largest of its kind in the Mediterranean. A new generation of light commercial vehicles from Nissan will be built at the new plant as well [...]
Experts Predict 4% increase in Turkey’s Tourism
Industry experts predict that tourism in Turkey is set to rise 4% this year. According to the Association of British Travel Agents, early bookings to Portugal and Turkey are already doing well so far this year. Turkey haws emerged as the fourth most popular package holiday destination for 2008. Rhiannon Williamson, director of expatriate and [...]
December Tourists visiting Turkey increase 9.92%
According to the Ministry of Culture and Tourism in Turkey, visitors to the country reached 1,018,923 in December 2007, a 9.92% increase on the same month the previous year. Western Europeans made up 44.48% of visitors to Turkey, with 36.82% from Eastern Europe. The largest majority of visitors to the country were from Germany at [...]