Monday 22 May 2017
 
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development

Omran, QNB ink JW Marriott project finance deal

Oman Tourism Development Company (Omran) has signed a finance deal of OMR38 million with QNB Oman for the development JW Marriott Hotel within the Oman Convention and Exhibition Centre (OCEC), part of phase one of the Madinat Al Irfan Urban Deve

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Swiss-Belhotel appoints Voivenel as senior VP

Global hospitality group Swiss-Belhotel International has named Laurent A. Voivenel as senior vice president, Operations and Development for the Middle East, Africa and India. This strategic announcement comes well in time for Ara

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Oman's nature, wildlife reserves gain investment interest

Nature and wildlife reserves in Oman are expected to lead private investments in tourism industry as private investors have submitted applications for the development of two key reserves in the sultanate, said a report. According

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New talent development programme launched in Abu Dhabi

A new talent development programme by Abu Dhabi Tourism and Culture Authority has been launched, in co-operation with the Abu Dhabi Education Council, said a report. The programme, launched by Sheikh Hazza bin Zayed Al Nahyan, dep

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Major forum to focus on GCC airports projects

The sixth Emerging Airports Forum, which will be held in Saudi Arabia in November, will focus on the Saudi airports development projects along with other GCC and international airports development projects, estimated to value $60 billion.

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Victrex acquires Zyex to accelerate development

UK-based Victrex, a leader in high performance polymer solutions, has acquired Zyex, a recognised global leader in the manufacture of Peek based fibres, principally for the aerospace, automotive and industrial markets. The move fu

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Victrex acquires Zyex to accelerate development

UK-based Victrex, a leader in high performance polymer solutions, has acquired Zyex, a recognised global leader in the manufacture of Peek based fibres, principally for the aerospace, automotive and industrial markets. The move fu

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Mubadala 2016 profit grows twofold to $898m

Mubadala, the Abu Dhabi-based investment and development company, said its net profit for 2016 more than doubled to Dh3.3 billion ($898 million) from Dh1.2 billion ($326 million) the previous year, mainly driven by revenue growth from its divers

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Mubadala 2016 profit grows twofold to $898m

Mubadala, the Abu Dhabi-based investment and development company, said its net profit for 2016 more than doubled to Dh3.3 billion ($898 million) from Dh1.2 billion ($326 million) the previous year, mainly driven by revenue growth from its divers

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$480m development projects under way in Saudi Arabia

The Saudi government is presently working on development projects worth more than SR1.8 billion ($480 million) at Al Leith and Adham in the western region, said a report. The ongoing projects in Al Leith include the construction o

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