Dubai's Drake & Scull International (DSI) has formed a Dh395 million ($107.55 million) joint venture with Habtoor Leighton Specon (HLS) to provide mechanical, electrical and plumbing (MEP) services for part of the Dh4 billion ($1.09 bill
UAE family-owned conglomerate Al Habtoor Group has launched three new mega projects - two hospitality developments and a residential project - worth Dh2.01 billion ($547 million) in Dubai.
Announcing the launch, Khalaf Ahmad
Al Habtoor Group, a family-owned Dubai conglomerate, met senior officials of Accor, a leading hotel operator and market leader in Europe, and discussed potential areas of collaboration.
Best known for construction, Al Habtoor Group is g
Hilton has partnered with UAE conglomerate Al Habtoor Group to convert two of its hotels in Beirut to the Hilton Hotels & Resorts brand and to develop the first Waldorf Astoria Hotels & Resorts property in Dubai.
The agreement will
UAE-based business conglomerate Al Habtoor Group said it has formally signed an aircraft management agreement with Royal Jet, an international luxury flight services company based in Abu Dhabi.
Under the deal, Royal Jet will manage the day
Al-Habtoor Group, a stakeholder in Barclays, has hired Rothschild to identify five-star hotel targets in Europe, its chairman said on Monday.
The conglomerate, one of the UAE's largest family businesses, is also aiming t
The UAE will not be affected by the current global slowdown as much as the industrial countries, chairman of Al Habtoor Group Khalaf Ahmed Al Habtoor has said in The Report: Dubai 2009.
This is the latest edition of the authoritative busin
Damac Properties, the luxury lifestyle provider and Middle East’s largest private sector master developer, has awarded an Dh13.5 million ($3.6 million) contract for enabling works at its Park Central and Capital Bay Tower projects at Business Bay,
Dubai's Al Habtoor Group said it is considering selling shares in its engineering and other units next year under a new law allowing families to keep control of businesses after initial public offerings.
Leading Australian contractor Leigh