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UAe hotel
March 11th, 2026 - 08:42 GMT
Sally Shakkour

Sally Shakkour

Empty rooms, big discounts: UAE hotels cut prices amid Iran war

ALBAWABA - Hotel prices in the UAE decreased sharply amid regional tensions linked to the Iran war, which triggered a wave of travel cancellations. Luxury hotels in cities like Dubai and Abu Dhabi are offering big discounts in an effort to attract visitors and fill empty rooms, creating unexpected bargains for travelers willing to book now. Al Bawaba checked several sites, including Booking.com and noticed a slash in hotel prices ...
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Egypt is set to finalise an economic plan to secure a $4.8 billion IMF loan next week
February 5th, 2013 - 11:32 GMT

Egypt to finalise economic plan next week

Standard and Poors, which downgraded Egypt's economic outlook recently, is facing legal action in the US over the subprime financial crisis
February 5th, 2013 - 10:51 GMT

No friend of Egypt's economy: S&P versus US in mortgage ratings trial

The hostage crisis in Algeria could see Maghreb economies diversifying away from hydrocarbons
February 5th, 2013 - 09:32 GMT

Algerian gas installation attack could see economies diversifying

Egypt's decision to raise the ost of using the Suez Canal could see ships diverted away from the trade route
February 5th, 2013 - 07:31 GMT

Suez Canal price hike could cause a storm in port

The World Bank stressed yesterday its commitment to ensuring Yemen gets all pledged funds from a recent donor meeting
February 5th, 2013 - 06:29 GMT

World Bank pledges support for Yemen funding

Tunisia is nearing agreement with the International Monetary Fund for a $1.78 billion standby loan.
February 5th, 2013 - 06:09 GMT

Tunisia negotiating with IMF over $1.78 billion loan

The Kuwait Fund for Arab Economic Development has offered Lebanon a $85 million loan for electricity development
February 5th, 2013 - 05:58 GMT

Kuwait grants $85 million loan for electricity projects

Egypt’s Salafist Nour Party is pushing for an increasing in the national minimum wage
February 5th, 2013 - 04:00 GMT

Egypt’s Salafist Nour Party pushes for better minimum wage

Fuel subsidies in Egypt cost the government  $30 million daily, according to the Minister of Petroleum
February 4th, 2013 - 12:41 GMT

Oil subsidies in cost Egypt $30 million a day

Despite defaulting on an Islamic bond last year, Dana Gas, has posted a 20 per cent rise in profits
February 4th, 2013 - 12:06 GMT

Dana Gas posts profits despite default

Iran's former Central Bank boss is thought to have been arrested on suspicion of money laundering
February 4th, 2013 - 11:35 GMT

Iran's former central bank chief arrested on suspicion of money laundering

Despite ongoing political instability, the Egyptian economy grew by 2.6 per cent in the first quater of the 21012/13 fiscal year
February 4th, 2013 - 11:00 GMT

Egypt: Economy grows by 2.6 per cent

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