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 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
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
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