Rotana opens two new hotels in IstanbulMaking its foray into the European side of Istanbul, hotel management company Rotana has opened two new hotels - Centro WestSide and WestSide Arjaan by Rotana - in partnership with Mar Yapı, one of Turkey’s innovative real estate developme More… |
Gran Meliá de Mar gears up for the Mediterranean summerMeliá Hotels International will open the doors to its five-star luxury hotel in Mallorca for the summer season on April 6. Gran Meliá de Mar is one of the most iconic properties on the Balearic Islands and is a membe More… |
Masraf Al Rayan H1 net profit hits $190mMasraf Al Rayan (MAR), a leading Islamic bank in Qatar, has achieved a net profit of QR691 million ($189.7 million) in the first half of the year, an increase of 14 per cent compared to the net profit of QR605 million from the same period of 2010. More… |
Greece approves Abu Dhabi’s offer for shipyardGreece has approved Abu Dhabi Mar's (ADM) offer for a 75 per cent stake in ThyssenKrupp-owned Hellenic Shipyards (HSY), the largest shipyard in the Mediterranean. 'The new joint scheme will be led by ADM which will h More… |
Abu Dhabi MAR, ThyssenKrupp ink naval dealGerman industrial firm ThyssenKrupp and Abu Dhabi MAR Group agreed a long-term strategic partnership for building naval ships and megayachts, ThyssenKrupp said Thursday. The partnership involves forming Blohm+Voss Naval, a 50:50 joint vent More… |