Business Blog

Hotel group expands presence in Saudi Arabia

Hospitality Management Holdings (HMH) has signed at the Arabian Travel Market a franchise agreement for a new property in Riyadh, adding to its impressive portfolio of hotels in Saudi Arabia, Laurent A.

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Mobily partners with international firms to give world-class services

Mobily has entered into several partnerships with world-class information technology companies to give its clients world-class services, the company's CEO said on Wednesday.

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Global travel industry rebounds rapidly, sets for sustained growth

The global travel industry has rebounded rapidly from the 2009 financial crises and is poised for a period of sustained growth over the next decade, specifically in the Middle East.

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Taif to become third gateway to holy cities

The summer resort of Taif is on its way to becoming the third gateway to the Kingdom for pilgrims and visitors after Jeddah and Madinah.

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Damac serves up Sharia-compliant hotel units

Building and selling a Sharia-compliant hotel apartment is a completely different ball game compared to what it is for a standard unit. But that is not about to deter Damac Properties from taking it on.

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Dubai tightens up with unified realty contracts

A level playing field is what has been achieved with Dubai Land Department’s requirement that all freehold property transactions in the emirate from May 1 should come with an unified set of contracts involving the buyer, seller and the agent. These will now form the basis for any property deal to be validated by the Dubai Land Department.

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