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Dubai eyes sale of Essex House Hotel

Dubai eyes sale of Essex House Hotel

Dubai Group, the state-owned investment firm in the midst of a $10 billion debt restructuring, is weighing a potential sale of its prime Manhattan-based real estate property Jumeirah Essex House hotel, it said on Monday.

March 12, 2012 1:46
 
Abu Dhabi to issue new hotel licenses selectively – official

Abu Dhabi to issue new hotel licenses selectively – official

Abu Dhabi has not halted the issuance of new hotel licences in the capital of the United Arab Emirates but will be selective in the number it issues, a tourism official said on Sunday.

March 11, 2012 1:22
 
A “virgin birth” at Burj Al Arab

A “virgin birth” at Burj Al Arab

Male sharks beware. The world’s first 7-star hotel finds itself fostering a female shark that found a way to continue its lineage without the help of a mate.

January 8, 2012 1:05
 
Property professionals should think about moving to Jeddah

Property professionals should think about moving to Jeddah

Q3 2011 sees Jeddah’s real estate market enjoy the effects of additional government funds for housing as prices increase in retail and residential space; office space expected to drop, though.

November 16, 2011 3:31
 
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