Having effortlessly transitioned into acting, Fouzia's debut film swiftly captured global acclaim, earning accolades at the prestigious Cannes Film Festival
The Global Muslim Travel Index 2016 features the UAE as one of the most favoured Muslim travel destinations and the alliance intends to address this segment of the market ably. The properties to be acquired will be financed via an Islamic Finance vehicle known as "Sukuk", a Shariah-compliant bond, to the tune of $1 trillion. "We believe in interfaith harmony and cater to all beliefs," says Khurram Shroff. "For the Muslim traveller, providing Shariah-compliant vacation homes with standardised Qibla direction and prayer mats in each of our apartments will enhance our offerings in this sector."
As an initiative that leverages multiple emerging trends, from Dubai's status as a destination for tourists and business travellers to the popularity of short-term rentals, the announcement will propel IBC Group to the forefront of a growing segment within the hospitality sector. The short term prospects of the venture are particularly promising, in the light of Expo 2020. However, with the regulatory framework governing the Dubai business ecosystem becoming increasingly more lucrative for investors and corporations, the possibilities for medium and long-term growth also hold significant promise. - sandhya@khaleejtimes.com
Having effortlessly transitioned into acting, Fouzia's debut film swiftly captured global acclaim, earning accolades at the prestigious Cannes Film Festival
Parag, who reached his 50 off 34 balls, cracked 25 runs with three fours and two sixes off the final over bowled by star South Africa paceman Anrich Nortje
Fans were left scratching their heads when Mumbai opted to take Bumrah out of the attack after he bowled the fourth over
With the help of modern equipment, manicured golf courses and elite athletes the scores are getting lower and the game becoming even more captivating
With 10 matches remaining Arsenal lead a three-way title race having won eight successive games
Three separate Israeli strikes on Wednesday, including on a health centre in the border village of Habariyeh, killed 11 civilians
Netanyahu tries to soothe a rift with Biden as he plans to send a government delegation to Washington after earlier cancelling the trip
Among the 24 horses Japan has sent to Dubai is impressive Riyadh Dirt Sprint winner Remake who eyes a Middle East double