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KINGDOM HOTEL INVESTMENTS
Saudi’s $63 billion ‘City of Earth’ giga project attracts Indian giants including Tata & Oberoi groupsIndian firms are showing strong interest in investing in Saudi Arabia's USD 63 billion Diriyah project. Key participants include the Tata a...
Saudi Arabia showcases soft power & attractiveness via unique exposition in DelhiThe Ministry of Media, Kingdom of Saudi Arabia, concluded its first international edition of Media Oasis in New Delhi. The event showcased ...
Saudi Arabia: Riyadh pitches itself as ideal city for businesses; aims to become hub for finance and tourismCreating jobs and diversifying the economy sit at the heart of Prince Mohammed's Vision 2030 blueprint for transforming the country. He is ...
Bill Gates' investment firm to take control of Four Seasons in $2.21 billion dealCascade will acquire 23.8% of the billionaire prince's stake in Four Seasons, raising its ownership to 71.3% and valuing the hotel chain at...
Saudi Arabia's Dur Hospitality Co and Taiba Investments Co in merger talksDur and Taiba announced the merger talks in similar bourse statements on Sunday, adding that an agreement may not be reached between to the...
Curtailed hajj compounds Saudi economic woesVacant religious sites. Abandoned pilgrim tents. Lifeless hotels. A stunning emptiness - and fears of economic ruin - haunt the usually bus...
Why Apple, Citigroup and Twitter will be tracking this arrest in Saudi ArabiaPrince Alwaleed is among the 11 princes and dozens of other senior officials arrested on orders from a anti-corruption committee headed by ...
Prince Alwaleed bin Talal arrestedIn one of his most visible local investments, Alwaleed in September bought a 16.2% stake in Banque Saudi Fransi from Credit Agricole SA in ...
Saudi Arabia builds cities in the sand to take economy past oilThe kingdom is converting thousands of square kilometres of sand into new cities as it seeks to diversify away from crude, create jobs and ...
Sahara gets $1.3-billion bid for hotel assetsThe three families have made an unconditional bid for the marquee assets, valid for 30 days, said Jesdev Saggar, managing director of 3 Ass...
Orient Express Hotels board may reject bid by Indian HotelsMost analysts feel that the board may hold out for a better offer than the $12.63 per share offered by Indian Hotels, a Tata Group company.
- Saudi prince Al Waleed Bin Talal promoted Kingdom Holding Company, Chinese investor vie with LVMH for Aman Resorts
Kingdom Holding Company and a Chinese investor are vying with French luxury group LVMH to own luxury hotel chain Aman Resorts.
- Saudi prince ranks top in Arab rich list
Prince Alwaleed bin Talal was ranked the richest Arab businessman by Arabian Business magazine for the seventh year after adding more than ...
- UK's Premier Inn to set up 80 hotels in India
United Kingdom's hotel chain Premier Inn is planning to open about 80 hotels in the country in the next 10 years.
- Billionaire Saudi prince orders 'flying palace'
Saudi Arabian billionaire Prince Walid Bin Talal on Monday ordered an Airbus A380, making him the first private buyer of the next generatio...
- Madhya Pradesh to set up heritage hotels
A chain of heritage hotels will be established in Madhya Pradesh for giving boost to tourism in the state.
- Int'l hotel brands to raise toast to India
The Indian hospitality sector is all set to witness a flood of the world’s leading hotel brands.