Sunday 13 July 2014
 
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IFA Hotels & Resorts

IFA unveils $272m Dubai mixed-use project

IFA Hotels & Resorts (IFA HR), an international mixed-use hotel and resort developer, has announced the launch of its Dh1 billion ($272 million) Miami-inspired residences project on Palm Jumeirah. With this move, IFA HR, the l

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IFA Hotels unveils fresh brand identity

International resort and residential developer IFA Hotels & Resorts has reflected its recent company restructure and business expansion by updating its brand identity. The publicly-listed company, which is the largest foreign

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IFA Hotels secures $115m loan for Dubai project

IFA Hotels & Resorts announced that it has secured financing of $115 million for its Fairmont Palm Jumeirah hotel project structured and arranged by Standard Chartered Bank. The funding will allow IFA Hotels & Resorts to expedite t

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IFA HR posts loss of $67m for 2010

Kuwait-based IFA Hotels & Resorts (IHA HR) has reported a loss of KD19.5 million ($67.3 million) for the 2010 financial year. Earnings per share decreased to 45.2 fils (16 cents) this year, while shareholder equity decreased to KD50.79

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IFA Hotels posts $108m profit

IFA Hotels & Resorts (IFA HR) has recorded year end profits of KD30.85 million ($108 million), which is 77.75 fils per share (27 cents per share), on revenues totalling KD52.8 million ($184.67 million). Shareholders’ equity increased t

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ADNH signs deal for 2 Yotels in Abu Dhabi

Abu Dhabi National Hotels (ADNH), has signed a memorandum of understanding with Yotel Investments (YIF), to bring Yotel's revolutionary hotel concept to the UAE capital. The MoU was signed at the ongoing World Travel Market (WTM)

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IFA Hotels opens Yotel in Amsterdam

Yotel, a hotel brand in which IFA Hotels & Resorts (IFA HR) is the majority investor, opened its third hotel at Amsterdam’s Schiphol airport. Described as being “the iPod of the hotel industry”, Yotel delivers luxury at a great price a

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DCC awarded 'Kingdom of Sheba' resort phase I work

IFA Hotels & Resorts (IFA HR) has appointed Dubai Contracting Company (DCC) as the main contractor for the first phase of its Kingdom of Sheba resort project. Located on the crescent of Dubai’s Palm Jumeirah, the Kingdom of Sheba is m

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IFA HR hands over first property on Palm Jumeirah

IFA Hotels & Resorts (IFA HR) has given keys of the first-ever freehold residential buildings on the Palm Jumeirah to its customers. The Palm Residence are freehold serviced residences located on the trunk of the iconic Palm Jumeirah i

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