Tourism & Hospitality | Tuesday 26 April, 2016 5:12 pm

YouGov travel trends report released at ATM

YouGov has unveiled the results of its latest Travel Booking Trends study for the Middle East, North Africa and South Asia (MENASA) region today (26 April), day two of ATM 2016, with one of the key findings highlighting that 51% of respondents claim the concept of virtual reality in their travel...

More Details

Tourism & Hospitality | Tuesday 26 April, 2016 4:07 pm

HMH – Hospitality Management Holdings Targets Saudi as a Strategic Growth Market

In keeping with its strategy to prioritize expansion in GCC focusing on markets with high growth potential for the group, HMH – Hospitality Management Holdings is aggressively targeting opportunities in KSA.   Speaking at the Arabian Travel Market 2016, Laurent A. Voivenel, CEO of...

More Details

Technology & IT | Tuesday 26 April, 2016 3:15 pm

Mobily’s CEO: The Diversity of the Economic Income in “Vision 2030” Ensures the Sustainability of the Saudi Economy

Mr. Ahmad Farroukh, CEO of Etihad Etisalat (Mobily) highlight the importance of economic transformation, which the council of ministers headed by the Custodian of the Two Holy Mosques King Salman bin Abdul Aziz has approved, and announced by the Deputy Crown Prince Mohammed bin Salman. Mr. Farroukh ...

More Details

Tourism & Hospitality | Tuesday 26 April, 2016 12:12 pm

Rocco Forte Hotels Unveils Assila Hotel In Jeddah, Saudi Arabia

Rocco Forte Hotels has announced that it will open its first property in the Kingdom of Saudi Arabia in the city of Jeddah, marking the start of the luxury hotel group’s expansion into the region.    With construction already complete, the Assila Hotel will open in September...

More Details

Business & Money | Tuesday 26 April, 2016 11:34 am

Sidra Capital Advises On First Property Acquisition In usa Worth SAR 350 Million

Sidra Capital announced its first foray in the US real estate market with the developing funding and acquisition of a newly built office building in the prosperous Charlotte suburb of Fort Mill, South Carolina leased to a subsidiary of AmerisourceBergenCorporation (Amerisource), a Fortune 500...

More Details

Business & Money | Tuesday 26 April, 2016 5:25 am

GULF INTERNATIONAL BANK B.S.C. RAISES SAR2 BILLION THROUGH AN OVERSUBSCRIBED BOND ISSUE

Gulf International Bank’s (GIB) latest bond issue met with strong demand as the bank on 19th April, 2016 successfully priced its senior unsecured SAR2 billion 5-year Floating Rate Notes issuance at a spread of 140 basis points above three-month SAIBOR.   The issuance was well...

More Details

Tourism & Hospitality | Tuesday 26 April, 2016 3:56 am

IHG® expecting +40% growth by 2021, with 25 hotels opening in the Middle East

IHG® (InterContinental Hotels Group) is expecting to record more than 40 percent growth across the Middle East in the next three to five years, with 25 new hotels in the pipeline.   Currently, the group operates 78 hotels in GCC, Levant, and Egypt alone, following a well-rounded...

More Details

Cars & Autos | Tuesday 26 April, 2016 3:42 am

MAN demonstrates its industry leadership in natural gas buses at UITP MENA Transport 2016

MAN Truck & Bus Middle East is participating at the UITP (International Association of Public Transport) MENA Transport Congress and Exhibition 2016 which is taking place in Dubai from April 25-27, 2016. MAN is the market and technology leader in natural gas buses and the MENA Transport...

More Details

Tourism & Hospitality | Tuesday 26 April, 2016 2:57 am

Crown Prince of Dubai opens Arabian Travel Market

His Highness Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, officially inaugurated Arabian Travel Market (ATM) 2016 yesterday, marking the start of the 23rd edition of the show. He was joined by dignitaries including His Highness Sheikh Ahmed bin Saeed Al Maktoum,...

More Details

Cars & Autos | Tuesday 26 April, 2016 2:15 am

The Audi Q7 appears in Marvel’s "Captain America: Civil War"

Audi and Marvel Entertainment team up once again for the release of Marvel's newest blockbuster, Captain America: Civil War, set to be released in the UAE on May 5, 2016. For Marvel fans who can’t wait for the official movie release date, Audi is already offering an exclusive peek at the...

More Details