China’s HNA Group has unveiled plans to acquire about 25 per cent of Hilton Worldwide Holdings stake from Blackstone Group for $6.5 billion, said a report.
According to a report in Wall Street Journal, HNA will pay
RakBank, one of the UAE's leading banks, said it has arranged a three-year $10 million medium-term loan facility for DFCC Bank, a leading financial institution in Sri Lanka.
DFCC Bank will be using the funds for general expans
Dubai-based business conglomerate Najibi Group has announced its very first venture on Australia's Sunshine Coast - an A$400 million ($299.6 million) 'active lifestyle' destination, inspired by Asia's high-profile tourist hotspot
Jumeirah Group, the Dubai-based luxury hotel company and a member of Dubai Holding, has won four accolades at the 23rd Annual World Travel Awards held in Italy.
At the red-carpet ceremony, Jumeirah Carlton Tower was named ‘E
Jumeirah Group, the Dubai-based luxury hotel company and a member of Dubai Holding, has appointed Marc Dardenne as group chief operating officer.
Taking up his position with immediate effect, Dardenne returns to Dubai to oversee J
Jumeirah Group, the Dubai-based luxury hotel company and a member of Dubai Holding, has appointed Shafi Syed as group chief development officer.
Taking up his position with immediate effect, Syed brings over 25 years of developmen
Bahrain-based Gulf Hotels Group (GHG) posted a total gross operating revenue of BD16.382 million ($43.1 million) and a net profit of BD9.454 million ($24.8 million) during the first six months of 2016 after consolidating the results of Bahrain T
UAE-based Dhabi Group officially inaugurated its newest property, The Biltmore Hotel, in Tbilisi earlier this week.
The celebrations saw over 5,000 people gather on Rustaveli Avenue to witness a spectacular fireworks display and s
The Gulf Hotels Group, a leading hospitality chain in Bahrain, has opened its first marketing office in China, located in Shanghai.
Following the recent launch of the new tourism campaign 'Ours. Yours' by Bahrain To