All posts tagged "the big picture"
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PropertyMövenpick set to open fourth hotel in Jeddah by 2019
Mövenpick Hotels & Resorts plans to expand its presence in Saudi Arabia by opening its fourth property in the city of Jeddah,...
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ConstructionQatar World Cup bid inspector gets seven-year FIFA ban
FIFA’s ethics committee has issued a decree banning the former chairman of the Bid Evaluation Group for the 2018 and 2022 FIFA...
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PropertyNo ‘drastic’ plunge seen in Dubai property prices, says poll
Dubai property prices are unlikely to plunge as drastically as they did during the financial crisis, according to a recent poll of business...
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ConstructionThree execs resign from Dubai-listed Arabtec, acting CFO appointed
Three senior executives at Arabtec have resigned as part of a major reorganisation of the Dubai-listed construction contractor, it has been announced.Iyad Abdalrahim, group...
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PropertyFirst Marriott hotel opens doors in Makkah
The US hospitality company Marriott International has opened the Makkah Marriott Hotel, its first property in Saudi Arabia’s holy city. The arabesque-themed 426-room...
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PropertyMid-market Dubai hotels outperform luxury segment
Dubai’s mid-market hotels outperformed the luxury segment during the first quarter, recording a 0.5% growth in average revenue per room (RevPAR), according to...
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PropertyLuxury Dubai property rents fall for first time since 2011
Rents for luxury Dubai properties fell by 0.6% in the first three months of the year, marking the first drop since mid-2011, according...
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ConstructionReem Mall concept plan approved by Abu Dhabi’s UPC
Construction of the $1 billion Reem Mall project in Abu Dhabi is set to commence this year following the announcement that the...
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ConstructionDIFC begins construction of 11th Gate District office building
The Dubai International Financial Centre (DIFC) has announced that it has broken ground on the construction of its 11th office building in...
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PropertyEmaar boss Mohamed Alabbar to set up real estate institute
Emaar Properties founder Mohamed Alabbar has announced plans to open the region’s first not-for-profit real estate educational institute for senior managers and...