NEWS

On the gallery wall, the painting immediately catches your eye. It would look great, you just know, in your living room. Wondering about the price, you head for the counter. But you are politely told: "Sorry, it's not for sale." For this is the Pavilion Downtown Dubai, the city's newest contemporary art space and the first to operate on not-for-profit lines.

“Even if events remain fluid and the impact on the property sector is difficult to gauge at this stage, we believe the Egyptian real-estate market is likely to remain uncertain for some time,” analysts Nabil Ahmed and Athmane Benzerroug said in a note to clients dated on Thursday.

Actress Katie Holmes says she was terrified to see husband Tom Cruise diving off the world's tallest building, Burj Khalifa, in Dubai while shooting for a new "Mission: Impossible" movie.

VIM, a regional leader in display solutions, has provided the LED screen technology for StarFM Radio and installed at KidZania, a Mexican chain of family entertainment centers, located at Dubai mall, world's largest shopping mall located under Burj Khalifa in Dubai.

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.

The Armani Hotel, Georgio Armani's first-ever hotel, drips luxury and style, with fashionable decor and 'lifestyle managers' instead of hotel receptionists, all dressed head to toe in Armani. The hotel also boasts an Armani sweetshop and florist ... oh, and the world's highest swimming pool.

More than $6bn worth of hotel projects are due for completion in the Middle East by 2013 but greater emphasis is being put on sustainability, an industry expert said on Sunday. The Hotel Show will place at the Dubai World Trade Centre on May 17-19, with 400 exhibitors representing 25 countries.

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.

The stage is set for next month’s Middle East Gala Ceremony, the first stage of the World Travel Awards 2011 Grand Tour, which will be hosted by Dubai’s Armani Hotel on May 2nd.

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.