Former Rocco Forte To Be Rebranded Hilton Abu Dhabi Capital Grand

Today’s announcement that Hilton will assume management control of the architecturally striking hotel puts recent weeks of speculation to rest.

Arabtec JV Wins $107m Saudi Hospital Deal

A joint venture between Arabtec and Terna won a contract to build a 105-bed hospital in Riyadh.

Damac Launches New Burj Project, Bay’s Edge

The Dhs400 million tower includes 220 serviced living units in Dubai’s Burj area.

Etisalat Makes Top Bid For Vivendi’s Maroc Tel- Sources

UAE’s Etisalat has reportedly offered a higher price than rival Qatari bidder Ooredoo for Vivendi’s 53 per cent stake in Maroc Telecom.

Qantas Completes B767 Upgrades

Emirates’ passengers connecting in Australia will most likely board the new-look aircraft

Dubai Fund ICD May Raise $2bn Loan Target After Heavy Demand

The loan has been marketed since mid-March, with $1.6 billion of the $2 billion target already pledged by the eight arranging banks.

WHO To Help Saudi Investigate Coronavirus Before Haj

The virus, which can cause coughing, fever and pneumonia, emerged in Saudi Arabia last year and has been found in 33 people there, killing 17.

Qatar Drops Bid To Move Civil Aviation Body ICAO From Montreal

Qatar last month proposed that the organization leave Montreal due to its cold winters and distance from Europe and Asia.

UAE’s Majid Al Futtaim Eyes $1bn Investments

The developer of shopping malls will go on a roadshow to raise money from institutional investors for the purchase of a minority share in Carrefour.

Review: Le Royal Méridien Beach Resort & Spa

The word ‘resort’ is used all too frequently in today’s hospitality scene, but Le Royal Méridien is the perfect example of what the term should stand for; a place you should never have to leave.

Oil Saving Win-Win Drives Saudi Solar Power Boom

Riyadh plans to install 41,000 megawatts (MW) of solar power over the next 20 years.

Meet The UAE’s Mompreneurs

Mona Tavassoli, founder of MomSouq, tells Alicia Buller why babies are good for business.

Middle East Q1 Car Sales Break Records, Again

Impressive figures from BMW, Audi, Volkswagen and Rolls-Royce indicate the region’s economy is purring along nicely.

Sheikh Mohammed Makes Horse Doping A Criminal Offence

Godolphin trainer Mahmood al-Zarooni was banned for eight years by the British Horseracing Authority after 11 horses tested positive for anabolic steroids in April.

Two Bahraini Banks In Merger Talks As Consolidation Picks Up

The merger between Al Salam Bank and BMI Bank will create a lender with assets of around BD1.7 billion.

LATEST: Canadians Still Require Visas To Enter UAE

The Canadian visa waiver announced earlier this year has still not come into effect, confirmed embassies.

Kenya Airways Starting Abu Dhabi-Nairobi Flights In July

The service will be operated in conjunction with Etihad following the signing of a reciprocal codeshare agreement in February.

Arabtec’s $650m Rights Issue To Open On June 9

Arabtec had said in March that the fundraising was part of a five-year expansion plan.

Qatar Airways Receives Three Airbus Freighters

The new aircraft will be deployed on flights to Amsterdam, Amman, Cairo, Colombo and Chennai

Qatar Petroleum To Buy Into Total’s Congo Exploration

QPI will contribute specifically to the French company’s Moho North oil project.

Qatar Sovereign Fund Buys Stake In Russian Bank VTB

Qatar Holding, along with Azerbaijan’s SOFAZ and Norges Bank Investment Management, invested $479-639 million each in VTB.

Carrefour Sells Stake In Middle East Venture To MAF For $683m

Majid Al Futtaim Hypermarkets operates 50 hypermarkets and 44 supermarkets under the Carrefour name.

Sheikh Mohammed Announces New ‘M-Government’ Project

The new structure for Dubai’s government is to be implemented in two years’ time and will be “the Government of the future”.

New GCC Tobacco Tax Could Lead To Illegal Trade

Ministers in the region are deliberating a 100 per cent increase in duty on tobacco products.

Emirates Expands Colombo Services

Additional three services a week from June 30 will be operated by B777-300ER aircraft.

Oman Air Orders Three Airbus A330 Aircraft

The order, which will bring Oman Air’s A330 fleet to a total of 10 aircraft, is thought to be worth around $720 million.

Kerry Hails Tentative U.S. Arms Sale To Oman

The U.S. Secretary of State met Oman’s defence minister in the Sultanate on Wednesday to oversee the $2.1 billion deal.

Abu Dhabi Lender ADCB To Price Subordinated Bond

Early price talk for the 10-year deal, which is not redeemable for five years, was released at 230 basis points over five-year midswaps.

Dubai Contractor Arabtec Says Workers End Strike

Thousands of workers stayed away from work from Saturday to demand higher wages.

Abu Dhabi’s Man City And New York Yankees In New MLS Team

Sheikh Mansour-owned City will be the majority partner in New York City Football Club along with the biggest name in baseball, the Yankees.