Dubai is all rolling out more luxury properties despite the dip in real estate prices.
Global sales of duty-free products reached $46 billion in 2011, up a staggering 17.9 percent, calculated duty free analyst Generation Research. Although the results are still preliminary and currency fluctuations may bring the growth figure down, 2011 may turn out to have been a record-breaking year. Unsurprisingly, Asia Pacific was the star growth region, with […]
Dubai’s duty free shops remain the busiest duty free outlets in the world, according to figures released this week by the Dubai Duty Free and Generation Research. Consumers spent a staggering $1.14 billion at Dubai’s duty free outlets in 200, over 5 percent of money spent at airports around the world. Dubai’s sales put it […]
Dubai International Airportâ€™s new fine wine and spirits shop is to sell some of the worldâ€™s rarest wines in the world â€“ duty free. The wines in Â« Le Clos Â» include ChÃ¢teau Petrus 1947 ($12,500/Â bottle), ChÃ¢teau Cheval Blanc 1961 in magnum ($15,750) and Domaine de la RomanÃ©e-Conti 2005 ($27,770/ bottle). The shop also […]
Grand Terminal 3 at Dubai International Airport opened on October 14. Built at a cost of $4.5 billion, it is also the largest terminal in the world. Catering to passengers for Gulf countries and the US, movement around the airportâ€™s six floors, most of them underground, has been facilitated by 157 lifts, 97 escalators, 82 […]