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Infrastructure 
Ciel Tower gets an MD + Adnoc Distribution in the market for CIO
Patmore previous held leadership roles at JW Marriott Marquis and Atlantis
Wynn Resorts invests USD 514.4 mn to date in Marjan gaming resort + earmarks land for future development
Wynn Resorts invested USD 356.5 mn in its 40%-owned joint venture with Marjan and RAK Hospitality in 2Q 2024.
ADNH taps banks for catering business IPO
The company selected Citigroup and FAB to advise on the planned IPO
Ritz-Cartlon Reserve coming to Abu Dhabi in 2029
The reserve will feature 50 luxury villas
Mashreq taps new India country head + FAB taps chairman for Sharia committee. Plus: Five Holdings appoints new CDO, CFO
He boasts 27 years of experience with Citibank
AD Ports taps Mohamed Alsuwaidi as new chairman + United Hospitality Management has a new VP of operations
Alsuwaidi is the UAE’s Investment Minister and CEO of ADQ
Hong Kong’s New World Development + Adia refinance USD 1.2 bn loan
The loan was originally taken in 2015 to finance the acquisition of three Hong-Kong based hotels
Qstay closes USD 4.6 mn pre-series A round
The funding was raised through a combination of conventional and convertible debt
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