KSA

KSA Investor Interest in Dubai Real Estate on the Rise

KSA Investor Interest in Dubai Real Estate on the Rise

Dubai: Azizi Developments, one of the leading private developers in the UAE, recorded an 8% increase in sales to investors from the Kingdom of Saudi Arabia (KSA) between 2018 and 2019. While UAE nationals still make up the largest customer demographic with 52%, KSA nationals now constitute 25%, followed by India with 10%, and Pakistan with 4%. The rest comprises investors from the GCC region, Europe, and China. KSA nationals are known to be knowledgeable and […]

Sharjah Airport Receives First Delegation of Pilgrims Returning from The Holy Land

Sharjah Airport Receives First Delegation of Pilgrims Returning from The Holy Land

Sharjah: Sharjah Airport, on Wednesday 14th August, received the first delegations of pilgrims returning from the Holy Land, where they were greeted with flowers and Arab hospitality. The airports dedicated efforts for the pilgrims meant they offered many facilities, with an aim to ease the troubles of travel, with speedy completion of procedures, from (Number) regular and irregular flights with hundreds of pilgrims,  returning from King Abdulaziz International Airport in Jeddah, as well as Prince […]

M Hotel Makkah by Millennium Scoops the “Best Value Luxury Hotel Award”

M Hotel Makkah by Millennium Scoops the “Best Value Luxury Hotel Award”

Makkah: M Hotel Makkah by Millennium, a 5-star hotel located at the heart of the holy city of Makkah, scoops the “Best Value Luxury Hotel Award” from the “Hotel of The Year Awards”. Every year, the Hotel of the Year Awards recognizes and rewards hotels and spas that deliver exceptional levels of service and world-class facilities to its guests. Reflecting M Hotel Makkah by Millennium’s restless efforts in elevating excellence levels of its services, the […]

Millennium Hotels and Resorts Drives the Growth of Saudi Hospitality Sector

Millennium Hotels and Resorts Drives the Growth of Saudi Hospitality Sector

Riyadh: Millennium Hotels & Resorts MEA, one of the fastest-growing regional hotel management companies in the Middle East & Africa, is driving the growth of the Saudi hospitality sector with its ambitious plan to open new hotels across the kingdom to add to its growing portfolio. In its first phase, the plan includes the opening of 6 new hotels in Makkah, Madina, Tabouk, Jizan and Baha in addition to recently opened Millennium and Copthorne Makkah […]

Tabreed H1 Net Profit Up 11%

Tabreed H1 Net Profit Up 11%

Abu Dhabi: National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based regional district cooling developer, released today its consolidated financial results for the first half of 2019. The company continues to meet the region’s growing demand for district cooling and delivers solid performance and growth. Group revenue for the first half of 2019 increased by 3% to AED 671.9 million up from AED 650.7 million for the same period in 2018, with core chilled water […]