Wednesday 12 December 2018
 
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capital

Bidroom to expand after capital investment

Bidroom, a growing online travel community, has announced a €15 million capital investment in the company, which will be used to accelerate growth.   The capital injection will be used for the accelerated in

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ME's first Andaz hotel opens in Abu Dhabi

Hyatt Hotels Corporation has announced today the official opening of Andaz Capital Gate Abu Dhabi, turning the iconic ‘Leaning Tower of Abu Dhabi’ into the first Andaz branded hotel in the Middle East. Represented acro

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Saudi Fransi Capital fund set for $136m capital boost

Saudi Fransi Capital, a leading financial services provider that manages client-focused equity and fixed income portfolios, has won approval to nearly double the capital of its real estate investment trust (REIT) fund. A subsidiary of B

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Capital, reserves of UAE banks hit $90bn in Q2

The aggregate capital and reserves of banks operating in the UAE increased by 4.4 per cent, reaching Dh330.2 billion ($90 billion) by the end of Q2 2018 compared to a 1.5 per cent increase at the end of the same period of 2017, a media report sa

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Hyatt to introduce Andaz brand to the Middle East

Hyatt Capital Gate Abu Dhabi is set to be rebranded this year, the hospitality giant has announced. The iconic ‘Leaning Tower of Abu Dhabi’ will become Andaz Capital Gate Abu Dhabi, marking the Andaz brand's entry into the Middle

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Explore popular European capital cities with Celebrity Cruises

When it comes to cruising this summer, Celebrity Cruises has plans to stop in some of Europe’s amazing capital cities. Luxury cruises lets travellers immerse in nature’s greenest settings and go on a shopping spree at

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Bahrain Development Bank launches $100m venture capital fund

The Bahrain Development Bank (BDB) has launched a $100 million Venture Capital Fund of Funds aimed at boosting the start-up ecosystem in Bahrain and the Middle East. The fund was set up following instructions from HRH Prince Salma

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Bahrain Development Bank launches $100m venture capital fund

The Bahrain Development Bank (BDB) has launched a $100 million Venture Capital Fund of Funds aimed at boosting the start-up ecosystem in Bahrain and the Middle East. The fund was set up following instructions from HRH Prince Salma

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Guluta joins Centro Capital Doha as new GM

Leading hotel management company Rotana has appointed Erik Guluta as the new general manager of Centro Capital Doha. A graduate from Les Roche School of Hotel Management in Switzerland, Guluta brings with him over 12 years’

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Ex-Jumeirah CEO to share hospitality insights at Bahrain forum

Veteran hotelier Gerald Lawless is bringing his expertise on the industry to Bahrain as part of Capital Club’s International Business Speaker Series. Moderated by Jerard Bachar, executive director of tourism and leisure, Eco

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