Hertz expands in the United Arab Emirates
Hertz UAE, which is forging ahead with an AED60 million expansion of its car rental and leasing operation this year, has appointed a new General Manager. With 14 years experience in the leasing industry, Nigel Johnson recently relocated to Dubai from the UK to take charge of the ongoing expansion of the Hertz fleet of [...]
Hilton to bring business to Ras Al Khaimah
The latest Hilton is the Ras Al Khaimah Resort and Spa with 151 deluxe villa suites which are already opened and by the summer the rest of the resort will be fully open for business. The new hotel is currently serving the business and leisure market which is booming in Ras Al Khaimah at the [...]
Ras Al Khaimah to require more water transport
The Workboats Middle East exhibition 2008 has highlighted the growing demand for water transport. Waterfront developments such as Dubai's Palms and Ras Al Khaimah’s Al Marjan Island are set to turn the region into the world's biggest market for water buses and small passenger ferries. Regional demand for fast water vessels carrying between eight and [...]
Bulgaria's Economic Growth to Remain among Highest in EU
Bulgaria's economic growth will remain among the highest in the EU in the following year according to the prognosis of the European Commission. With a growth projection of 5.8% in 2008, and 5.6% in 2009, the Bulgaria economy will remain one of the fastest-growing. The Commission expects, however, that the growth in the entire EU [...]
Bulgaria to Be Stability Factor in the Balkans
The Bulgarian Justice Minister is attending a forum of the Justice and Interior Ministers of the states from the Southeast Europe Cooperation Process in the Bulgarian capital Sofia. Speaking at the forum the minister stated that Bulgaria was going to continue to be a stability factor in the Balkans, and that as an EU member [...]