Alshaya Group, a leading Kuwaiti business conglomerate, has announced that it has acquired the Starbucks Greece & Cyprus licensed business, becoming the new exclusive owner and operator of the business. It operates 30 stores in Greece and 18 in Cyprus employing around 500 people.
Marriott International is strengthening its presence in Greece with nine new hotel agreements totaling nearly 1,000 rooms, including the debut of Residence Inn by Marriott and Le Méridien.
Bahrain's national carrier Gulf Air has announced the expansion of its temporary operations from the King Fahd International Airport in the Saudi city of Dammam adding three new destinations - Istanbul (Turkey), Athens (Greece) as well as the South Indian city of Thiruvananthapuram.
TotalEnergies has sold 50% of its 424 MW wind and solar portfolio in Greece to Asterion Industrial Partners, valuing the assets at €508 million ($1.4 million), or about €1.2 million per MW, while retaining joint ownership and operational control.
Leading global hospitality group Hilton and RMKA Private Company have announced the signing of Sandblu Santorini, marking the highly anticipated debut of LXR Hotels & Resorts in Greece.
