News / Middle East

World’s 1st Warner Bros Hotel to Launch in Abu Dhabi

UAE-based developer Miral and Warner Bros. (WB) have uncovered that the world's first WB branded hotel, called "The WB Abu Dhabi," is currently under development in Yas Island, Abu Dhabi, hitting a completion rate of 40%

Al Waleed Opens Lemon Tree’s 1st Dubai Hotel

Al Waleed Investment Group has opened the 114-key Lemon Tree Dubai Hotel, after earlier partnering with India-based Lemon Tree International to break the latter's brand into the UAE hospitality industry.

Jumeirah Group Adds Italy’s Capri Palace to Global Portfolio

Jumeirah Group, a subsidiary of Dubai Holding, has announced its appointment to manage and operate the iconic Capri Palace in Anacapri, Italy, marking the company’s sixth European hospitality outpost.

DAMAC Introduces Ready-to-Move Apartments in Dubai

DAMAC Properties has launched "High Gardens," a collection of limited-edition, ready-to-move terrace apartments, situated at the heart of its 42-mn square feet master development in Dubai, DAMAC Hills

Egypt One of Brightest Spots: GlobalData

Egypt is deemed one of the region's "brightest spots," where construction is expected to expand by an annual average of 11.3% between 2019 and 2023.

Four Seasons Resort Dubai Uncovers Newly-Revamped Suites

Four Seasons Resort Dubai at Jumeirah Beach has completed its recent room renewal program by rolling out of 11 newly-renovated Imperial suites.

Morocco’s Real Estate Market Slows Down in 2019

Morocco's real estate sector, or the second-largest job provider sector in the North African country, is facing a slow down during the current year amid a notable economic downturn.

Dubai’s AED 1.2 bn Nakheel Mall to Open Late November

The AED 1.2 bn Nakheel Mall in Dubai’s Palm Jumeirah will open after four years of construction on November 28, coinciding with celebrations for the UAE’s 48th National Day.

NUCA, Al Manara Ink Deal for New Compound in West Cairo

New Urban Communities Authority (NUCA) has inked a partnership contract worth EGP 1.3 bn with Al Manara for Urban Development to establish “Green Land” compound in the 6th of October city, west Cairo

Middle East, Africa Report Declines in Hotel Pipeline: STR

The US-based hospitality sector analytics provider STR announced a 5.7% year-on-year (YoY) dip in the volume of rooms in the underway projects' final phase in the Middle East region last October, with Egypt coming last on the high performers list for having 4,976 keys underway, marking 2.9% of existing supply.

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