Wednesday 22 May 2013
 
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Kharafi wins $930m damages from Libya

  Libya will have to pay Kuwait's Kharafi group $930 million in damages for former leader Muammar Gaddafi's cancelling of the construction of a vacation resort, Kuwaiti newspapers reported o

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Moroccan tourism revenue up 6pc in Jan

Revenue from the tourism industry in Morocco crossed 4.37 billion Moroccan dirhams ($506 million) this January, an increase of 5.9 per cent over the corresponding period last year, statistics showed. Analysts attribute this growth

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Atlantis, The Palm, seeks $850m loan

  Atlantis, The Palm, is raising an $850 million syndicated loan to refinance existing debt and provide new funds, banking sources said.   Dubai's iconic is

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Ritz-Carlton plans big Morocco resort

Luxury hospitality giant Ritz-Carlton Hotel Company has announced plans to launch the brand's latest property at Marrakech r

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Rotana to open 5-star resort in Oman

  The Sultanate of Oman’s Ministry of Tourism, Orascom Hotels and Developments and Rotana, the leading hotel management company in the Middle East and Africa have announced that a new 5-star Rotana Resort will soon join the

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Rotana to open Abu Dhabi resort in 2015

  Rotana, a leading hotel management company in the Middle East & Africa region, has announced plans to open its luxurious five-star hotel on Saadiyat Beach, a nine-kilometre stretch of pristine white sand on island near Abu

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Sofitel plans flagship resort in Dubai

Sofitel Luxury Hotels will open its sophisticated Polynesian themed resort, Sofitel The Palm Dubai this upcoming summer. Located on Palm Jumeirah, the hotel features 361 island chic inspired guest rooms and suites, as well as 182

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Mövenpick Tala Bay names new GM

Mövenpick Resort & Spa Tala Bay has appointed Beat Peter as its new general manager. With around 20 years of experience in the hotel industry, Peter assumed his duties on April 23, this being his sixth senior management p

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Four Seasons Dubai project on track

Construction on Four Seasons Resort Dubai is on schedule and making headway with main structural works completed on the five-storey property and interior installations due to commence, said a top official. Four Seasons Hotels and

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Four Seasons Dubai project on track

Construction on Four Seasons Resort Dubai is on schedule and making headway with main structural works completed on the five-storey property and interior installations due to commence, said a top official. Four Seasons Hotels and

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