UAE-based AHS Properties has announced that it has entered into a deal with Mismak Asset Management to acquire the 43-floor Shangri-La Hotel in Dubai for AED1.1 billion ($300 million) in one of the largest single-asset real estate transactions recorded in recent history. The 200-m property is located on Sheikh Zayed Road.
Qatar Airways has announced the resumption of daily flights between its Doha home base and Philadelphia (PHL), effective August 1, 2026.
Riyadh Air, Saudi Arabia's new national carrier and a subsidiary of the Public Investment Fund (PIF), launched its inaugural flight, RX401, from King Khalid International Airport in Riyadh to London Heathrow Airport on Wednesday.
Saudi Arabia's Matarat Holding and the National Center for Privatisation & PPP (NCP) have issued request for proposals (RFP) to qualified bidders for the development of the new Taif International Airport project. A PPP project, it will be implemented under a Build-Transfer-Operate (BTO) model.
McG’s by McGettigan’s Al Barsha, a favourite neighbourhood hangout in Dubai, has launched McG’s Inner Circle, a new membership programme offering a range of exclusive lifestyle benefits and experiences.
Blacklane, a global chauffeur service, has joined Emirates Skywards through Skywards Everyday in the UAE, becoming the programme’s first chauffeur service partner.
Dammam Airports has awarded a series of agreements worth SAR1.2 billion ($317 million) in bid to boost the infrastructure and operational capabilities at King Fahd International Airport. A major portion of the deals covers the construction of a new power station and medium-voltage electrical distribution network.
Majestic Hotels, one of Dubai's most trusted hospitality groups, has announced the grand opening of its fourth property, Majestic Central Hotel, a contemporary 3-star hotel offering 68 well-appointed keys in a prime, transit-connected location in Dubai.
Jayasom, a global integrative wellness hospitality brand, will open its inaugural flagship property at AMAALA on Saudi Arabia’s Red Sea coast in the coming months.
Emirates plans to introduce a range of incentives aimed at reassuring passengers and encouraging them to return to travel amid the ongoing Iran conflict, but the airline has ruled out fare discounts as part of its strategy.
