Friday 22 May 2015
 
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Africa

TPConnects chosen technology partner for African travel site

Dubai-based TPConnects, a technology and distribution partner to the travel and tourism industry, has been selected to power Southafricaholidays.com’s operational systems and booking engine. Southafricaholidays.com, the one

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Starwood Hotels plans 50 new hotels in ME by 2019

Starwood Hotels & Resorts Worldwide, a luxury hotel group, has announced plans to open 50 hotels over the next four years in the Middle East, buoyed by the high demand for mid-market brands in the region. One of the leading ho

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Global investors eye booming MEA hotel market

The international investor's appetite for the hotel sector in Middle East and Africa (MEA) remains strong with Dubai dominating the market thanks to its ease of access, quality hospitality offering, modern infrastructure, leisure and enterta

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MEA hotel occupancy reaches 68.7pc in March

The Middle East and African (MEA) region's hotel occupancy rates jumped 3.2 per cent in March to 68.7 per cent, compared to the same period last year, said a report. MEA also saw a 0.7 per cent rise in revenue per available room (Re

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World's first malaria vaccine moves closer to use in Africa

The world's first malaria vaccine, made by GlaxoSmithKline, could be approved by international regulators for use in Africa from October after final trial data showed it offered partial protection for up to four years. The sho

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Rotana signs new property in Nigeria

UAE-based hotel group Rotana has signed its first property in Nigeria under the brand Centro, located in Lagos, the country’s largest city. The 200 plus-key Hotel and Serviced Apartments, to be launched in partnership with Topwide

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Russia pursuing oil, platinum projects in Africa

Russia is pursuing costly state oil and platinum projects in Africa despite an economic crisis at home, hoping they will bolster sales, including of arms, for businesses hit by Western sanctions over the conflict in Ukraine. Mosco

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Flydubai increases frequency on African routes

Dubai-based flydubai is increasing the frequency of flights on some of its routes in Africa for the summer schedule, operating a total of 78 flights a week to 12 points in East and North Africa. On March 29, flydubai increased its servi

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African oil producers seek to limit global production

African crude-exporting countries will lobby the world's oil producers to reduce output in order to boost prices that have fallen to levels that threaten to spark social unrest, the African Petroleum Producers Association (APPA) said.

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Senegal seeks Saudi IDB’s help to organise sukuk bond

Senegalese President Macky Sall has asked the Saudi Arabia-based Islamic Development Bank (IDB) to help the West African country tap the Islamic finance market for a second time as it seeks to organise financing for infrastructure projects.

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