DUBAI

A high-level panel on humanitarian financing co-chaired by EU Commission Vice-President Kristalina Georgieva presented a new global model for financing humanitarian aid.

The report of the panel was presented to UN Secretary-General Ban Ki-moon in Dubai on Sunday.

Istanbul's Atatürk Airport has overtaken Frankfurt Airport to enter the top three busiest airports in Europe, Bloomberg has reported, based on 2015 passenger numbers. 

The shift came as Turkish Airlines continued its rapid expansion and strikes at Deutsche Lufthansa AG hurt the German hub.

Emirates Airlines adds a second daily flight to Athens increasing its weekly flight to Athens to 14.

According to an announcement issued by the airline, the flight will be linked with the already existing itinerary Dubai-Larnaca offering the opportunity to passengers to make reservations between the Cyprus city of Larnaca and Athens.

Famous Greek model Gina Mamaki was in Dubai on New Year’s Eve spending her Christmas vacation when fire broke out on the 13th floor of the luxury hotel in Dubai where she was staying.

Tensions between Iran and its Sunni Arab neighbors reached new heightsyesterday as Saudi Arabia and its allies cut or downgraded diplomatic ties with Tehran in a row over the execution of a Shiite cleric.

Greece's privatization agency said on Jan. 3 it signed a 400 million euro ($434.3 million) deal with Jermyn Street Real Estate Fund to sell Astir Palace, a luxury seaside resort outside Athens.

It is likely that the cause of the massive fire erupted at luxury Dubai hotel, Address Downtown, on New Year’s Eve is a burning curtain.

Although authorities in Dubai have not given any official explanation of what caused the great fire, photo frames may answer to the question.

The authorities in Dubai are trying to find out what caused the fire that engulfed the five-star luxury hotel, Address Downtown Hotel on New Year’s Eve.

The fire broke out at about 21:30 local time (17:30 GMT) and appeared to engulf most part of Address Downtown within 10 minutes, as BBC reports.

Fire engulfed a 63-storey skyscraper in downtown Dubai on Dec. 31 night, but there appeared to be no injuries, a civil defense official said.

Turkey now boasts more than 100,000 millionaires, making it the Middle East's top country for the wealthy, according to an expert on high net worth individuals.

Andrew Amoils of the London-based New World Wealth predicted that Turkey would see a 60 percent increase in the number of millionaires living in the country by 2025.