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Sharakah, Ezz Asass partner to boost hospitality in DuqmSharakah, Oman’s leading SME development company, has signed a new Memorandum of Understanding with Ezz Asass International, the owning company behind the upcoming Four Points by Sheraton Duqm. The agreement provides a strategic funding package to support the final stages of development More… |
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Fairmont grows in India with Udaipur Palace openingFairmont Hotels & Resorts, part of Accor, has announced the opening of Fairmont Udaipur Palace, a palace located on the ancient Aravali Hills in Udaipur. The 18-acre estate is designed for modern royalty, offering 327 rooms and suites, seven distinct event venues, eight dining concepts, a More… |
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QAIA renews Airport Carbon Accreditation Level 4+ until 2028Queen Alia International Airport (QAIA) has renewed its Level 4+ certificate under the Airport Carbon Accreditation (ACA) Programme by Airports Council International (ACI) Asia-Pacific and Middle East. Valid through May 2028, the certificate reaffirms Airport More… |
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Dusit International launches its ninth brandDusit International, a leading hotel and property development company in Thailand, has launched its ninth hotel brand, Dusit Hotels, designed to deliver tailored upper-upscale experiences in strategic city and leisure destinations worldwide. Dusit’s nint More… |
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Movenpick Bur Dubai celebrates 22nd anniversaryMovenpick Hotel & Apartments Bur Dubai is celebrating its 22nd anniversary, marking over two decades of providing exceptional hospitality and responsible practices. As the first Movenpick property in Dubai, the five-star property is a preferred choice for both leisure and business travell More… |
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Saudi Arabia drives GCC IPO market in H1; nets $3.4bn in proceedsThe initial public offerings (IPOs) in Gulf markets raised $3.4 billion through 24 listings during the first half of 2025, down 6% from a year earlier, as regional activity showed signs of cooling after a strong 2024. In the same period last year, 23 IPOs raised $3.5 billion, according to a r More… |
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Jubaili Bros, Enar to boost renewable energy deployment in Saudi ArabiaJubaili Bros, a leading provider of integrated power solutions, and Enar Renewables, the renewable energy entity of Al Kifah Holding, have joined forces through a teaming and sub-distribution agreement in a bid to accelerate renewable energy deployment across Saudi Arabia. More… |
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Bahrain Marina Development Company names new boardBahrain Marina Development Company, the master developer of the landmark Bahrain Marina real estate and tourism project in the heart of Manama, has announced the formation of its new board of directors under the chairmanship of Reyadh Yousif Sater. Spanning ov More… |
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Saudi hospitality sector records solid growth in Q2Saudi Arabia's hospitality sector has witnessed remarkable growth during the second quarter of the year, solidifying its position as a leading global travel destination, according to CBRE, a global leader in commercial real estate. Driven by a combin More… |
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Abu Dhabi hotel performance jumps during Eid Al-AdhaAbu Dhabi's hotel industry recorded its highest June occupancy and revenue per available room since 2009, due to improved performance during Eid al-Adha, according to preliminary data from CoStar. The occupancy rate increased by 5.0% to 71.9%, with an aver More… |
