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THIS MORNING: Altair-1 goes into orbit + regional hotel demand shows signs of recovery
Plus: Manchester City has filed an appeal against the recent financial rules breach judgement
Majid Al Futtaim to invest USD 3.4 bn in Egypt over five years, marking its first move into housing and hotels
The Emirati group enters residential and hotel development for the first time in Egypt, anchoring Mada City and expanding West…
THIS MORNING: L’imad opens an Azerbaijan investment lane + Khazna teams up with Siemens for AI infrastructure
Plus: Another Etihad Rail station is coming to Dubai
THIS MORNING: Adia, Lunate eye a hefty piece of Indian bourse’s USD 2.7 bn IPO + DP World plans truck fleet expansion amid Hormuz disruption
Plus: Did Emirates just clinch its long sought-after Berlin slot?
THIS MORNING: G42 reportedly eyeing bringing in US majority shareholder + S&P sees increased oil production as boosting growth
The government is cracking down on fake goods suppliers with a 24-hour withdrawal notice
Dubai hotel market set to rebound from 4Q, just as a wave of luxury supply hits the segment that struggled most this year
Luxury hotels took the biggest occupancy hit, while rates held up and Cavendish Maxwell still sees recovery building from 4Q
Gloomy 1H for hospitality sector as summer slowdown meets regional turmoil
Average occupancy across the UAE fell 22.2% YTD to 57.9%
Another Emirati investor gets in on Egypt’s North Coast
This is the third UAE-linked North Coast megaproject in as many years
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