Size of hotel investments in UAE to increase competitiveness of region’s contracting companies

Economic experts and analysts say that the UAE’s construction sector is expected to rise by 9.3% in 2015, driven by massive investment in infrastructure projects and large-scale tourism projects that

Dur Hospitality introduces spiritual hotel concept

Dur Hospitality has created a brand of spiritual hotels called Makarem, which are designed to help travellers to KSA take full advantage of their time in the holy cities. Whether

US Department of State picks Khawandanah to represent Saudi Arabia in leadership program

The US Department of State has selected Dr. Shadi Fouad Khawandanah – Executive Member of the Board of the International Chamber of Commerce of Saudi Arabia – to represent Saudi

LuLu’s British food festival begins in Riyadh

British Ambassador Simon Collis on Saturday called for more efforts to boost commercial links between Saudi Arabia and the UK. The British government is committed to help businesses increase their

EXCLUSIVE: Trump eyes UAE, KSA and Qatar hotels

The Trump Hotel Collection is eying luxury properties in the UAE, Qatar, and Saudi Arabia, The Trump Organization executive vice president of development & acquisitions, Ivanka Trump told Hotelier Middle

Kingdom Holding’s investments in France focus of Riyadh talks

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), met with French President François Hollande during his recent visit to Riyadh. The president was accompanied by Laurent Fabius, French

Albania invites Saudi tourists to enjoy its pristine beauty

  Albania has relaxed its visa procedures for Saudi tourists during the summer period, from May 25 to Sept. 30, says the Albanian ambassador to the Kingdom. “Saudi nationals do not

Alwaleed’s Kingdom Tower to start unit sales this year

Residential apartments at Saudi Arabia’s Kingdom Tower, which is slated to become the world’s tallest building on completion in 2018, will likely go on sale later this year, the developer’s

Direct real estate investments trending toward land development

claimed to be the Kingdom’s first brokerage firm, says that the real estate development sector index declined by 9.04 percent on the day following the urban land fee enactment. Sector

More consolidation seen in KSA insurance market

With an increase in price competition and capital erosion, PwC expects that the Saudi insurance market to move toward consolidation of the industry to ensure long term financial viability and