BUSINESS & JOBS

Hotels, restaurants, and tourist-oriented transportation industries in countries that have thus far avoided major unrest — the United Arab Emirates,Saudi Arabia, Morocco, and Oman — are either thriving or expected to pick up new business in the near future.

After opening a prestigious new office at Emaar Square in Dubai, AES International intends to roll out the company's no-nonsense brand of tax-efficient financial advice rolled up with market leading technological innovation, robust compliance and outstanding customer service.

In the property construction cycle, fitting out the marble flooring and steel fixtures come last. The company posted a Dh198.2 million loss, mostly from impairments related to a dispute it has with another contractor on the Burj Khalifa.

World Travel Awards is set to kick off their 2011 Grand Tour with the Middle East Gala Ceremony, taking place at Armani Hotel Dubai on 2nd May. Hailed as the ‘Oscars of the travel industry’ by the Wall Street Journal, more than 400 senior industry figures from the region’s leading travel and tourism companies, as well as a host of international media, will be in attendance.

The majority of those losses came from writing down the value of a contract to construct the interiors of the Burj Khalifa, the tallest building in the world. Depa is involved in a dispute over variations made to the order and delays, but it did not identify the company with which it was in negotiations. An executive said last year it was not Emaar Properties, the developer of the tower.

The 153rd floor consists of a boardroom for companies who can afford the price tag. Developed by Emaar, the two floors will soon be available for hire by companies.

World Travel Awards is set to kick off their 2011 Grand Tour with the Middle East Gala Ceremony, taking place at Armani Hotel Dubai on May 2. World Travel Awards is preparing to show the strength of its support for the recovery of the regional tourism sector with its fifth consecutive annual gala in the region.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai was present at the inauguration of the Education Without Borders (EWB) 2011 at the Burj Khalifa in Dubai on Monday.

Burj Khalifa was the undisputed winner in the ‘Building Project of the Year’ category sponsored by Technal Middle East, while the ‘Transport Project of the Year’ sponsored by Cadillac was picked up Dubai Metro Red Line. ‘Ferrari Experience’ won the leisure and tourism category for the UAE.

Thousands of people gathered last night at the Burj Plaza, with candle-lit lanterns, to celebrate Earth Hour with millions more people around the world. For 60 minutes from 8.30pm the lights at some of the biggest landmarks dimmed to black including the Burj Khalifa, to raise awareness on environment degradation caused by climate change.