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Emaar unveils six new hotel projects

DUBAI / Emirates Business Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties, on Monday unveiled six new hotel projects as part of its regional and international expansion plans, at the Arabian Travel Market (ATM) 2017. The new hotels and serviced residences in Dubai, Abu Dhabi and Egypt add to a portfolio of upcoming properties under the three ...

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Dubai Aero reaches multi-billion deal to buy AWAS

  DUBAI / WAM Dubai Aerospace Enterprise (DAE) reached an agreement to buy Dublin-based AWAS Aviation Capital Ltd. from UK private equity firm Terra Firma Capital Partners, DAE announced on Monday. The multi-billion deal will propel DAE, one of the Middle East’s biggest plane-leasing companies, into the top rank of global players in the field. The deal will swell the ...

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Abu Dhabi hotel guest arrivals up 4%

  Abu Dhabi / Emirates Business Abu Dhabi achieved a record 4% rise in the number of hotel guest arrivals over the first three months of the year in comparison to the same period in 2016. The increase in hotel guest arrivals was driven by the rapid growth in visitor numbers from China and Russia. New visa-on-arrival regulations have seen ...

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