Company Insights Jumeirah Hotels Tourism Jumeirah Hotels News Real Estate Ultra-luxe villas tipped to revive interest in Dubai’s The World Amali Properties plans to build 24 homes in the South American section of the island development May 2, 2024 Construction Nakheel and Meydan merge with Dubai Holding Two of Dubai’s largest state-backed developers – Nakheel and Meydan – will merge into Dubai Holding, the investment vehicle of Dubai’s Ruler Sheikh Mohammed bin Rashid Al Maktoum, to create a new global economic entity. Nakheel and Meydan will become part of Dubai Holding under the leadership of Sheikh Ahmed bin Saeed Al Maktoum, with […] March 17, 2024 Construction Five Holdings plans ultra-luxury Pacha Ibiza residences Dubai developer Five Holdings plans to build ultra-luxury residences in Ibiza following the completion of a $57 million hotel and land deal. The UAE real estate and hospitality group has acquired El Hotel Pacha and an adjacent land plot where it plans to build Pacha Residences, using the branding of the Balearic island’s most famous […] January 31, 2024 Construction Atlantis may expand further in Palm Jumeirah Resort group Atlantis Global is “looking at different options” to expand its Dubai footprint further, despite president Tim Kelly predicting a drop in room rates across the emirate. The company operates the Atlantis The Palm resort at the tip of Palm Jumeirah, and opened the neighbouring Atlantis The Royal property in February this year, at […] November 30, 2023 People & Lifestyle Shah Rukh Khan’s Jawan collects $16m at UAE box office Indian actor Shah Rukh Khan’s latest action-packed movie “Jawan” has become the first Indian film to cross the $16 million collection in the Middle East, the movie makers said in a post on social media. The film was produced by Yash Raj Films, a film production and distribution company in India, The movie, released worldwide on September […] October 8, 2023 Exclusive Construction Al Habtoor steers away from recession-hit Europe The founding chairman of property empire Al Habtoor Group has dismissed plans to invest in Western Europe, focusing instead on launching its latest multi-billion-dirham project in his Dubai home market. Khalaf Ahmad Al Habtoor’s company owns hotels in Budapest, Vienna, Beirut and London. He told Bloomberg in January he was looking to invest $3 billion […] May 12, 2023 Tourism Investors circle to buy trophy Emirates hotel assets The UAE’s relatively quiet hotel investment landscape will pick up this year as foreign buyers join local investors in competing for a slice of the resurgent, post-pandemic hospitality sector. “The region is registering such high levels of occupancy at the moment that there is a lot of international money ready to invest in hotel assets,” […] February 15, 2023 Exclusive Tourism Dubai’s Sunset shines bright on global hospitality stage Sunset Hospitality Group has $35 million to invest, and global expansion is top of its agenda. After securing the funding from Goldman Sachs Asset Management in November, the company, which is based in Dubai, is targeting the UK, US, the Mediterranean and Asia. “By the end of 2023 we hope to open a further 20 […] February 8, 2023 Tourism Jumeirah Group adds Swiss hotel to European portfolio Jumeirah Group has expanded its footprint in Europe by acquiring its first property in Switzerland. Le Richemond, a hotel in in Geneva’s business district, has 109 keys – 87 rooms and 22 suites – as well as panoramic views of Lac Léman and Mont Blanc. Katerina Giannouka, who was appointed chief executive officer of Dubai’s […] February 6, 2023 Construction Red Sea Global secures $288m funding for Jumeirah project Red Sea Global (RSG) has secured $288 million in funding as part of a joint venture with Almutlaq Real Estate Investment Co. (AREIC) to develop Jumeirah The Red Sea on the west coast of Saudi Arabia. Gulf International Bank Saudi Arabia (GIB) provided the green financing, the developer said in a statement. “Achieving commercial close […] January 25, 2023 Posts navigation Previous 1 2 3 Next
Real Estate Ultra-luxe villas tipped to revive interest in Dubai’s The World Amali Properties plans to build 24 homes in the South American section of the island development May 2, 2024
Construction Nakheel and Meydan merge with Dubai Holding Two of Dubai’s largest state-backed developers – Nakheel and Meydan – will merge into Dubai Holding, the investment vehicle of Dubai’s Ruler Sheikh Mohammed bin Rashid Al Maktoum, to create a new global economic entity. Nakheel and Meydan will become part of Dubai Holding under the leadership of Sheikh Ahmed bin Saeed Al Maktoum, with […] March 17, 2024
Construction Five Holdings plans ultra-luxury Pacha Ibiza residences Dubai developer Five Holdings plans to build ultra-luxury residences in Ibiza following the completion of a $57 million hotel and land deal. The UAE real estate and hospitality group has acquired El Hotel Pacha and an adjacent land plot where it plans to build Pacha Residences, using the branding of the Balearic island’s most famous […] January 31, 2024
Construction Atlantis may expand further in Palm Jumeirah Resort group Atlantis Global is “looking at different options” to expand its Dubai footprint further, despite president Tim Kelly predicting a drop in room rates across the emirate. The company operates the Atlantis The Palm resort at the tip of Palm Jumeirah, and opened the neighbouring Atlantis The Royal property in February this year, at […] November 30, 2023
People & Lifestyle Shah Rukh Khan’s Jawan collects $16m at UAE box office Indian actor Shah Rukh Khan’s latest action-packed movie “Jawan” has become the first Indian film to cross the $16 million collection in the Middle East, the movie makers said in a post on social media. The film was produced by Yash Raj Films, a film production and distribution company in India, The movie, released worldwide on September […] October 8, 2023
Exclusive Construction Al Habtoor steers away from recession-hit Europe The founding chairman of property empire Al Habtoor Group has dismissed plans to invest in Western Europe, focusing instead on launching its latest multi-billion-dirham project in his Dubai home market. Khalaf Ahmad Al Habtoor’s company owns hotels in Budapest, Vienna, Beirut and London. He told Bloomberg in January he was looking to invest $3 billion […] May 12, 2023
Tourism Investors circle to buy trophy Emirates hotel assets The UAE’s relatively quiet hotel investment landscape will pick up this year as foreign buyers join local investors in competing for a slice of the resurgent, post-pandemic hospitality sector. “The region is registering such high levels of occupancy at the moment that there is a lot of international money ready to invest in hotel assets,” […] February 15, 2023
Exclusive Tourism Dubai’s Sunset shines bright on global hospitality stage Sunset Hospitality Group has $35 million to invest, and global expansion is top of its agenda. After securing the funding from Goldman Sachs Asset Management in November, the company, which is based in Dubai, is targeting the UK, US, the Mediterranean and Asia. “By the end of 2023 we hope to open a further 20 […] February 8, 2023
Tourism Jumeirah Group adds Swiss hotel to European portfolio Jumeirah Group has expanded its footprint in Europe by acquiring its first property in Switzerland. Le Richemond, a hotel in in Geneva’s business district, has 109 keys – 87 rooms and 22 suites – as well as panoramic views of Lac Léman and Mont Blanc. Katerina Giannouka, who was appointed chief executive officer of Dubai’s […] February 6, 2023
Construction Red Sea Global secures $288m funding for Jumeirah project Red Sea Global (RSG) has secured $288 million in funding as part of a joint venture with Almutlaq Real Estate Investment Co. (AREIC) to develop Jumeirah The Red Sea on the west coast of Saudi Arabia. Gulf International Bank Saudi Arabia (GIB) provided the green financing, the developer said in a statement. “Achieving commercial close […] January 25, 2023
