Tourists and visitors coming to the United Arab Emirates have a new option for luxury lodging with the opening of the Nassima Royal, an ACICO hotel, in downtown Dubai.The Nassima Royal features luxury guest rooms and suites, technology access, panoramic views and a plethora of amenities as well as 18 meeting rooms and restaurants serving gourmet cuisine items.  Read More »

Declining oil prices continue to cause financial hardship and lack of liquidity for Gulf Cooperation Council countries, though data from the International Monetary Fund says there is room for growth in the region. The six GCC countries are facing slowed fiscal growth as well. The IMF's Adnan Mazarei told Gulf News Journal that growth in the private-sector will become key in job creation. Read More »