Month: February 2009

Exceptional Growth in Turkish Property Market

It has been revealed that the Turkish property market is growing rapidly, making it an investment hotspot for people interested in receiving good returns. Commenting on the economic advancements in the country, Eric Kaya of Cumberland Properties said “buying into Turkey is an ideal investment opportunity…where the market holds long term potential for strong capital… Read more »

UK Rail officials to offer RTA advise on Dubai Metro

It was announced that the British rail regulation authorities are to give support and advice to The Roads & Transport Authority on the Dubai Metro. The UK office of Rail and Regulation (ORR) are to act as a consultant, providing guidance on safety after recently signing a memorandum of understanding. Mattar Al Tayer, chairman of… Read more »

RAK STEEL awarded CARES Certificate of Approval

After only one year of operation, RAK STEEL has received the highly esteemed CARES Certificate of Approval. The Certification Authority for Reinforcing Steel is an impressive accreditation that is recognised all over the world. The certificate gives RAK Steel the stamp of approval as operating a high quality system that complies with CARES requirements and… Read more »

Turkey to attract $20 billion in foreign direct investment

Turkey is predicting a sum of $20 billion in foreign direct investment (FDI) for 2009. On a recent trip to Ankara, KürÅŸad Tüzmen, Turkey’s Foreign Trade Minister has described the country as a safe spot for foreign investment. After $40 billion worth of foreign capital was injected into the country in the last two years,… Read more »

Dubai, Brazil review joint tourism growth opportunities

Dubai’s Department of Tourism and Commerce Marketing (DTCM) Director General met with a Brazilian delegation consisting of key government officials. The Brazilian delegation, headed by the Governor of the State of Santa Catarina, consisted of top representatives of the World Travel and Tourism Council (WTTC). DTCM assured the visiting delegation of the strong support provided… Read more »

Ras Al Khaimah goes ahead with expansion plans

Ras Al Khaimah is proceeding rapidly towards completing its expansion plans and projects in the hospitality and tourism sector. This was highlighted by the Manager of RAK Tourism, Hilary McCormack, who added that all projects announced last year are going ahead according to schedule. RAK Tourism has also announced plans to participate in the upcoming… Read more »

Turkey attracts UK Holidaymakers

Turkey has continued to attract greater number of British holidaymakers, evident by the increase in summer vacation bookings to the Eurasian country. The surge in the number of British holiday makers travelling to Turkey has also been influenced by fluctuations in the value of pound against the Euro. This has made Turkey a relatively more… Read more »

Dubai’s DNRD reports desirable residents, visitors in 2009

Dubai Naturalisation and Residency Department’s Director, Major General Mohammad Ahmad Al Marri, has announced that Dubai is set to experience a healthy influx of visitors and residents in 2009. Al Marri added that Dubai remains an attractive working and living destination for the global community. Dubai is considered as the regional and global hub for… Read more »