Al Habtoor to offer 25 pct additional shares in IPO; Seeks to raise between 5 bln to 6 bln dirhams; Proceeds from IPO to be used to acquire hotels in Europe; Eyeing dual listing in London and Saudi Arabia
September 9, 2012 5:21
Al Habtoor has set up camp in Dubai since 1970 and despite the turmoil of European economy, the appeal still exists above certain other areas
July 31, 2012 2:10
Conglomerate Al Habtoor Group plans a new $1.33 billion hotel and entertainment complex in the Gulf Arab emirate, despite a punishing property collapse that has sent prices plunging from their 2008 peak.
January 18, 2012 2:00
Fashion TV signs agreement with the Al Habtoor Group to build in Dubai the world’s first Fashion Hotel.
May 21, 2011 2:38