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Corinthia joins Kuwaiti group to acquire prime US hotel properties

Corinthia Group, a major owner and developer of real estate and hotel assets across Europe, Middle East and Africa and US markets, has announced that it has teamed up with Kuwait-based Action Real Estate Company to acquire two boutique hotel p

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Madinah's licensed hospitality facilities up 93pc in 2024

Saudi Arabia's Ministry of Tourism has reported a remarkable 93% increase in the number of licensed hospitality facilities in the Madinah Region, reaching over 450 by the end of 2024.    Madinah ranks th

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Select Group buys Radisson Blu Hotel in landmark deal

Select Group, a leading real estate development and investment firm, has announced the acquisition of the Radisson Blu Hotel, Dubai Media City, in a landmark transaction valued at over AED200 million ($54.4 million).   

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Select Group buys Radisson Blu Hotel in landmark deal

Select Group, a leading real estate development and investment firm, has announced the acquisition of the Radisson Blu Hotel, Dubai Media City, in a landmark transaction valued at over AED200 million ($54.4 million).   

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Adnoc in deal to acquire OCI Global’s stake in Fertiglobe

Abu Dhabi National Oil Company (Adnoc) has announced that it has entered into a sale and purchase agreement with OCI Global for buying its entire shareholding in Fertiglobe, the largest nitrogen fertiliser producer in the Middle East and North

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Adnoc in deal to acquire OCI Global’s stake in Fertiglobe

Abu Dhabi National Oil Company (Adnoc) has announced that it has entered into a sale and purchase agreement with OCI Global for buying its entire shareholding in Fertiglobe, the largest nitrogen fertiliser producer in the Middle East and North

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Saudi PIF in deal to acquire majority Depa stake for $41m

Depa, one of the world’s leading providers of interior solutions listed on Nasdaq Dubai, has entered into a definitive subscription agreement with Saudi wealth fund Public Investment Fund (PIF) through a cash investment of AED150 million

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GFH teams up with Kuwait group to acquire US blue chip assets

GFH Financial Group, a leading regional financial group with interests in asset management and real estate sectors, has partnered with Wafra International Investment Company, a Kuwaiti based asset management company with $8.5 billion in assets

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GFH teams up with Kuwait group to acquire US blue chip assets

GFH Financial Group, a leading regional financial group with interests in asset management and real estate sectors, has partnered with Wafra International Investment Company, a Kuwaiti based asset management company with $8.5 billion in assets

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Liberty House receives approval to acquire India plant

Liberty House, part of Sanjeev Gupta’s global GFG Alliance, has secured the approval of the Committee of Creditors to acquire and revive the Adunik Metaliks, the integrated steel production operation at Chadrihariharpur near Rourkela in Od

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