PALMA DE MALLORCA/ WAM RIU Hotels & Resorts and Dubai master developer Nakheel have formally signed their business partnership agreement. Ali Rashid Lootah, Chairman of one of the Middle East’s biggest developers travelled to Mallorca to sign the joint venture agreement with Luis Riu, CEO of RIU Hotels. Thanks to this partnership, the chain’s first hotel in Dubai will become …

ABU DHABI / WAM Dr Amal Abdullah Al Qubaisi, Speaker of Federal National Council (FNC) has expressed the FNC’s wishes for every success for the new government in the performance of its tasks and in foreseeing the future of the country, stressing that the FNC and the government constitute a working team with an aim to achieve further progress. He …

Bloomberg Vienna’s Hotel Imperial, once Adolf Hitler’s favorite and now used by stars including Madonna and Mick Jagger, was bought by Dubai’s Al Habtoor Group LLC for $78.8 million. Starwood Hotels & Resorts Worldwide Inc. sold the 138-room property, which will continue to operate under its Luxury Collection brand, the Stamford, Connecticut-based company said in a statement on Tuesday. All …