Kuwait hotel occupancy down seven points in June
Kuwait - Kuna
Hotel occupancy in Kuwait dipped by seven points to 49 percent in June, compared to 56 percent for the same period in 2010, a specialized report said Wednesday. The room price rate edged up by 3.9 percent to KD 74 per room in June, while single room revenues nosedived by 9.2 percent to KD 36, showed the report, released by Al-Tameer Real Estate Investment Company here. It added that hotel occupancy rate in most of the Middle East region saw a sharp decline in the same month, with Egypt and Bahrain being among the countries still suffering from the trend, while Dubai and Jeddah were the exception, with 70 percent and 78 percent occupancy rate respectively.
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Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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Jordanian King issues 7th Discussion Paper
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