Turkey moves higher up in Briton's travel list
Travel to Turkey has become even more popular for those in the UK as accommodation costs remain affordable even as sterling hovers around a four-year low against the Turkish lira. While holiday mainstays like France and Italy — euro zone countries whose single currency hovers near a record high against sterling — remain a magnet [...]
Frozen Fire triumphs in first Dubai sponsored Irish Derby
Dubai Tourism giant ‘Dubai Duty Free’ sponsored the Irish Derby yesterday and brought priceless global exposure to the UAE and the travel retailer. The race at the famous Curragh track in Ireland attracted huge media attention, ensuring the retailer's logo and event branding would be seen all around the world with the race drawing a [...]
Dubai pursues Russian energy
Dubai World is backing Kremlin-linked energy company Roskommunenergo in an offer to buy the Russia's biggest and last wholesale power-generating company OGK-1. The proposal involves a potential $5bn deal that could mark the first strategic foray into Russia by a Middle Eastern fund. Anatoly Chubais, chief executive of Unified Energy Systems, said yesterday that Roskommunenergo, [...]