Month: April 2008

Hope for more Saudi investment in Turkey

Parliamentary Speaker Köksal Toptan said in Riyadh at a meeting on Sunday with Saudi Arabian deputies that Turkey is ready to welcome Saudi Arabian investors. He voiced expectations of seeing more Saudi investors doing business in Turkey as well as an increased number of Saudi Arabian tourists to the country. He also said he hoped… Read more »

Turkey to stay green

The Minister of Culture and Tourism has pleased environmentalists by ensuring investors constructing tourism resorts plant twice as many trees as they cut down as compensation for the damage they inflict on nature. The minister said Turkish tourism would no longer proceed at the expense of nature. Another condition introduced by the newly revised bill… Read more »

Turkish Airlines flights increase

The global economic crisis is affecting many airline companies but business at Turkish Airlines is booming. The Airline has reached the highest figures in its history, with an occupancy rate of more than 70 percent and the number of passengers almost similar to high season. As of March, the number of international passengers exceeded the… Read more »

Ras Al Khaimah Investors win tender

Investors from the United Arab Emirates have been chosen to manage a free economic zone in Poti, Georgia and upgrade the town’s port. The Ras Al Khaimahinvestors operate a major Gulf region free trade zone and they have been chosen to develop a Poti free economic zone and to construct and manage a new Poti… Read more »

Ras Al Khaimah hopes to attract Chinese Investors

United Arab Emirate companies with business interests in China hailed as timely the visit to Beijing by Prime Minister of the UAE and Ruler of Dubai. China is an important global economic power and developing closer relations with it is in the United Arab Emirate's long-term interests. China is crucial in the changed dynamics of… Read more »

Dubai moves to improve public transport

The new metro rail system in Dubai is scheduled to be operational by Sep 9th next year and transport authorities are aiming to build a world-class public transport system in conjunction with this to include trams, water taxis and the monorail. The metro will have four lines covering various areas of the city and will… Read more »

Porsche selects Dubai Silicon Oasis for its Regional Headquarters

The Dubai Silicon Oasis Authority operates as a free zone technology park and it is here that the German car manufacturer, Porsche will be locating its regional training centre for its experts, engineers, and technicians. The Dubai Silicon Oasis Authority aims to position itself as a technology hub not only within the region but globally… Read more »

Dubai on show at Travel Fair

The Dubai Department of Tourism and Commerce Marketing have been promoting Dubai at the largest tourist exhibition in Russia, the Moscow International Tourism and Travel Fair. The Dubai stand was shared by 58 co-participants from the emirate's booming tourism industry and provided an excellent opportunity to showcase the latest in what Dubai has to offer… Read more »