With exceptional quality and consistent service as one of the main pillars of the Hospitality Management Holding (HMH) vision, the group aims to capture maximum potential market share in the GCC, and specifically the UAE, to create and boost its
InterContinental Hotels Group (IHG) is expecting to record more than 40 per cent 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, Le
The International Monetary Fund said it was encouraged by the efforts of Saudi Arabia and other Gulf Arab oil exporters to repair damage to their state finances as low crude prices slash export revenues.
"I do see in a number
Saudi Arabia's stock market rose strongly in heavy trade on Sunday as firm oil prices boosted petrochemical shares, while other markets in the region were mixed.
Riyadh's main index jumped 1.7 percent to 6,699 points, its
The United States and its Gulf partners pledged to continue working together to fight Islamic State and de-escalate other regional conflicts, US President Barack Obama said on Thursday, adding that concerns remain over Iran and economic issues i
US President Barack Obama and Gulf Arab leaders started talks in Riyadh on Thursday at a summit aimed at forging joint action on perceived security threats from Iran and Islamic State, and at ironing out strains in their alliance.
Despite slumping oil prices, the GCC consulting market performed well last year, growing 9.4 per cent to $2.7 billion, mainly spearheaded by Saudi Arabia, according to a report.
The kingdom, which accounted for almost half of the
Analysts have cut their economic growth forecasts for the Gulf Arab oil exporting states further despite a rebound in crude prices, because of the impact of governments' austerity policies, a Reuters poll found.
Brent crude oi
The Ministry of Culture and Tourism of Azerbaijan has concluded its historic roadshows and gala dinners in Qatar and Kuwait.
The roadshows were aimed at strengthening relations between Azerbaijan and the GCC nations, developing co
Regional governments, particularly those near conflict zones, must analyse the importance of their critical energy infrastructure to their own national security on a node-by-node basis, said an industry expert.
Dr Kevin Rosner, a