Tourism Jumeirah enters Africa to expand hotel portfolio By Pramod Kumar December 3, 2024, 11:28 AM Jumeirah The Jumeirah Thanda Island hotel is on a remote island in a protected private marine reserve off the coast of Tanzania Jumeirah, a member of Dubai Holding, has partnered with South Africa’s Thanda Group to expand the luxury brand into Africa, as it aims to diversify its portfolio of destinations. The companies have launched a private island and safari reserve. The Jumeirah Thanda Island, a villa retreat, is located on a remote island in a protected private marine reserve off the coast of Tanzania, East Africa. The uninhabited, five-hectare tropical island in the Indian Ocean is accessible via a short helicopter ride from Dar es Salaam or by speedboat from nearby Mafia Island. The Jumeirah Thanda Safari, situated in one of the private game reserves in South Africa, comprises Jumeirah Residences and The Royal Thanda Club, with plans to introduce a new luxury tented camp and a refurbished lodge. UAE believes trade with Africa is worth the risk Nakheel and Meydan merge with Dubai Holding Jumeirah Group adds Swiss hotel to European portfolio “We want to grow sustainably into new destinations and diversify our portfolio with a focus on properties that offer a distinct proposition,” said Thomas Meier, chief operating officer and interim CEO at Jumeirah. The destinations will open for visitors later this year. No financial details were disclosed. Jumeirah operates a portfolio of 28 properties across the Middle East, Africa, Europe and Asia.
Mining Ma’aden signs $1bn contracts to develop industrial cities Saudi mineral giant Ma’aden has signed three contracts worth a combined $922 million with foreign companies to develop a third phosphate fertiliser project. The majority state-owned Saudi mining company announced the agreements in a note to the Saudi bourse on Thursday, coinciding with the final day of the Future Minerals Forum in Riyadh. Ma’aden is […] 4 hours ago
Tax $660m a year ‘sin tax’ target set by Kuwait Kuwait hopes to raise 200 million dinars ($660 million) a year through a “sin tax” on unhealthy products as part of tax reforms proposed by the International Monetary Fund, the country’s finance minister said on Wednesday. Noora Al-Fassam told the official Kuwaiti news agency that her ministry was working on a new law for a […] 4 hours ago
Transport Tenders issued for high speed Abu Dhabi-Dubai rail link Tenders have been issued for the design and construction of central components in a high-speed rail link between Abu Dhabi and Dubai. Etihad Rail, the national rail company of the UAE, has sent out tenders for designing and constructing civil works and station packages for the line connecting the two cities as part of the […] 5 hours ago
EXCLUSIVE Aviation Wizz Air increases flights from UAE to Israel after ceasefire The budget carrier Wizz Air is increasing the number of flights between Abu Dhabi and Tel Aviv after the ceasefire agreement between Israel and Hamas. The airline had previously scaled back its Tel Aviv-Abu Dhabi service to four flights a week because of the conflict, down from its pre-crisis schedule of two flights a day. […] 6 hours ago