IHG acquires a 51 percent stake in Regent Hotels & Resorts

IHG acquires a 51 percent stake in Regent Hotels & Resorts

IHG is already a global leader in the luxury segment with the world’s largest luxury brand.

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Accor to buy 50 percent stake of Sam Nazarian’s Sbe, deal valued at USD 319 million

Accor to buy 50 percent stake of Sam Nazarian’s Sbe, deal valued at USD 319 million

The purchase marks the latest example of Accor’s recent acquisition spree, with the French group agreeing to buy Chile’s Atton Hoteles last month.

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OMRAN and Majid Al Futtaim to develop USD 13 billion Madinat Al Irfan

OMRAN and Majid Al Futtaim to develop USD 13 billion Madinat Al Irfan

Madinat Al Irfan will feature more than 11,000 residential units comprising villas, townhouses and apartments, 100,000 m2 of retail space, 700,000 sqm of office space, as well as a number of cultural and lifestyle offerings.

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US Export and Franchise Strategies

US Export and Franchise Strategies

Naaman Tayyar, US Commercial Service of the US Embassy, Beirut, sheds light on how to grow your business locally

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Vis Mundi increases its share in EgySwiss, a large Egyptian FMCG firm

Vis Mundi increases its share in EgySwiss, a large Egyptian FMCG firm

gySwiss is an Egyptian market leading company in high-quality processed meat, fish and poultry.

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Luxury hotel units available for purchase in Bitcoin at Al Mahra Resort by Cristal in Ras Al Khaimah

Luxury hotel units available for purchase in Bitcoin at Al Mahra Resort by Cristal in Ras Al Khaimah

Featuring 548 rooms, suites and villas, the property is offering buyers the opportunity to purchase the units under strata title.

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Minor acquires an additional 25.2 percent stake in NH Hotel Group

Minor acquires an additional 25.2 percent stake in NH Hotel Group

H Hotel Group is a world-leading urban hotel operator, listed on the Madrid Stock Exchange.

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Aldar acquires USD 1 billion of assets from Tourism Development & Investment Company

Aldar acquires USD 1 billion of assets from Tourism Development & Investment Company

Aldar has acquired assets located in key destinations, with a focus on Saadiyat Island.

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Saudi PIF plans for the future

Saudi PIF plans for the future

The 2nd Future Investment Initiative will take place October 23-25 in Riyadh

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