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Sunrise Properties has secured a AED515 million ($140.2 million) Islamic loan for the development of a luxury hotel project, it was announced on Tuesday.
Emirates NBD, joined by Doha Bank, are providing the money to finance the Emerald Palace Kempinski Hotel project on Dubai's Palm Jumeirah.
Nver Mkhitaryan, the promoter of EPG Hotels &
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Jumeirah Group, the Dubai-based luxury hotel company, has launched a new Emiratisation initiative on social media to encourage UAE nationals to pursue careers in hospitality.
The campaign is called #BeTheHost and will be launched through the Jumeirah Arabic account on Instagram @Jumeirah.Arabic
Nabil Ramadhan, group chief human capital officer,
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Work has begun on a $300 million (AED1.1 billion) residential and aparthotel complex in Dubai that features a manmade beach and rainforest is scheduled to completed in 2018, according to the project’s lead consultant.
The scheme in Tecom, just off the Sheikh Zayed Road, is to be the first Middle East property of a new luxury hotels brand called
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Oberoi Group, India's luxury hotel operator, has announced that it will manage two new projects in Qatar, both of which are scheduled to be completed in 2018.
The company, which opened a luxury hotel in Dubai in 2014 and will manage a luxury beach resort in Ajman next year, said in a statement that it has signed management contracts for two new
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Saudi Arabia is planning to triple the number of Umrah visas issued each year to 15 million, according to local media.
From next year, 1.25 million pilgrims could be allowed to visit the Grand Mosque each month, compared to 400,000 presently.
Haj Minister Bandar Al Hajjar was quoted as saying that the increased numbers were to make use of the newly
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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...
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