Saturday 29 August 2015
 
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cristal

Cristal Hotels eyes the Turkish market for expansion

Abu Dhabi-based Cristal Hospitality is planning to capitalise on the explosive growth of Turkey’s accommodation sector with eight new hotels proposed within three years, encompassing all four brands. Additionally, the hotel group

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Cristal Hotels doubles up in Erbil

Construction has commenced for Cristal Grand Erbil Hotel, the second hotel to be operated by the group in the Kurdistan city, and its third in Iraq. The five-star flagship property will feature 160 rooms and suites when it opens in 2017

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Cristal Group signs MoU for hotel in Dubai

Cristal Group has signed a memorandum of understanding for the rebranding of Boutique 7 Hotel in Dubai, UAE, to Cristal Media Hotel. Once the management contract is formalised, it will mark Cristal Group's debut in Dubai takin

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Cristal Hotels to participate in ATM

With three hotels opening in Saudi Arabia by next year, Abu Dhabi-based Cristal Hospitality will be participating in the Arabian Travel Market (ATM), taking place in Dubai, UAE, next month. According to president and CEO of Crista

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Mindshare bags 17 ‘Mena Cristal Festival’ awards

Mindshare, a part of WPP, a media agency network helping clients to make collaborative and adaptive decisions across their paid, owned, and earned marketing in real-time. has won 17 awards at the Mena Cristal Festival 2014-15 recently.

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Tasnee signs $319m loan to buy more stake in Cristal

Saudi Arabia's National Industrialisation Co (Tasnee) signed a SR1.2 billion ($319.4 million) Islamic loan it will use to part-fund buying a further stake in its subsidiary Cristal, the industrial manufacturer said. The five-y

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Tasnee Q4 net profit drops 46.5pc

Saudi Arabia's National Industrialisation Company (Tasnee) said on Tuesday its fourth-quarter net profit dropped 46.5 per cent on lower petrochemicals prices. It also attributed the drop to lower prices of titanium dioxide and

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Tasnee signs $480m deal for Cristal unit stake

Saudi Arabia's National Industrialisation Company (Tasnee) has completed a SR1.8 billion ($480 million) deal to raise its majority stake in its Cristal subsidiary by a further 13 percentage points, it said in a statement on Sunday.

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Cristal to launch new hotels in Middle East and Africa

Abu Dhabi-based Cristal Hotel group is building three new properties in the northern Iraqi town of Erbil and will open a hotel in Saudi Arabia next year as part of an ongoing expansion programme in the Middle East and Africa (MEA). The

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Cristal Abu Dhabi offers special tourist package

Cristal Hotel Abu Dhabi, a leading luxury hotel in the UAE capital, is offering a special package for the tourist season in Abu Dhabi. This offer includes two free tickets to either Ferrari World or Yas Water World, located at the manma

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