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Tourism & Travel

British Airways

British Airways to resume flights to IranSubscription

4 February, 2016 By

Six flights a week to start in the summer

Dubai International airport

Major GCC airports post record passenger growth Subscription

4 February, 2016 By

Airports report double-digit increases in 2015

Nakheel's Palm Jumeirah

Nakheel profits dip in fourth quarter of 2015Subscription

4 February, 2016 By

Full-year profits rise by 19 per cent for Dubai developer

Al-Reem Island

Firms prepare to submit Abu Dhabi mall bidsSubscription

4 February, 2016 By

Retail development will be built on Reem Island

UAE finance

Union Properties in discussions for loanSubscription

3 February, 2016 By

Developer still seeking finance for four projects

UK firm wins Al-Maktoum airport contract

Dubai receives bids for Al-Maktoum airport expansionSubscription

3 February, 2016 By

Contract covers work on the existing passenger terminal

Nakheel's Palm Gateway project at the base of Dubai’s Palm Jumeirah

Nakheel awards Palm Gateway contractSubscription

2 February, 2016 By

Chinese and South Korean contractors to work on project

Education

Dubai plans largest library in the regionSubscription

2 February, 2016 By

It will house more than 4.5 million books

Bluewaters island

UK contractor awarded Bluewaters infrastructure dealSubscription

2 February, 2016 By

Firm wins second contract for island scheme in Dubai

City Centre Mall

Majid al-Futtaim revenues grow by 8 per centSubscription

1 February, 2016 By

Shopping malls and hotel operator continues to grow in the Middle East and African region

Egypt housing

Egyptian banks ink housing loanSubscription

1 February, 2016 By

Egypt requires at least 500,000 new homes to be built every year for five years to keep up with population growth

Funding: Jabal Omar Development Company received a $1bn loan from NCB, a new entrant to the MEED 100

Jabal Omar misses first loan repaymentSubscription

1 February, 2016 By

Saudi Arabian developer fails to make first payment of a finance deal arrange in late 2015

The Dubai Marina location where the Marina Gate development will be constructed

Jumeirah Group to manage Marina hotelSubscription

1 February, 2016 By

 Property is being built by Select Group

Tourism trends

Nakheel: Palm Jumeirah

GCC contract awards to fall in 2016Subscription

19 January, 2016 By

A sharp decline of 15 per cent is forecast for contract awards in the region, although a series of major contract awards in Dubai provides some cause for optimism

Monthly contract awards, December 2015

Middle East contracts awarded: December 2015Subscription

10 January, 2016 By Lara Golden

$13bn worth of contracts were awarded in December

Egypt's President Abdul Fattah al-Sisi

Al-Sisi treads a fine line Subscription

5 January, 2016 By

Cairo may find itself under immense social pressure in 2016, unless it is able to tackle major concerns such as the housing shortage and a dwindling labour market

Cairo in Egypt

Egypt’s currency flows dry upSubscription

15 December, 2015 By ,

Tourism, trade and investment woes leave Egypt relying on foreign aid to secure hard currency

Construction

Oman to narrow down PPP plansSubscription

18 November, 2015 By

Implementing public-private partnerships could be challenging, with questions around legal frameworks, bankability and the capacity of local banks

Oman's Sultan Qaboos bin Said al-Said

Muscat expected to streamline spendingSubscription

18 November, 2015 By

Civil servants in the sultanate are aware that spending will fall from 2016, and have submitted less ambitious spending plans

Resort in Oman

Diversifying Oman's tourism appealSubscription

16 November, 2015 By James Gavin

Muscat is looking to increase the sultanate’s attractiveness to a wider range of tourists, and is undertaking several measures to support the industry

Cairo

Currency shortage impedes Egypt investorsSubscription

12 November, 2015 By

Government should take action to improve sentiment

Companies

People

Laurent VoivenelSubscription

27 January, 2015Updated: 3 February, 2015

Laurent Voivenel is CEO at Hospitality Management Holdings

MEED events

AHIC 2013, Day1

Arabian Hotel Investment Conference

26 -28 April 2016 Hotel development for tomorrow’s traveller

Sharm el-Sheikh: Egypt’s tourism sector is suffering another major setback following the Metrojet crash

Egypt presses ahead with security measures in tourist areasSubscription

9 December, 2015 By

Egypt’s tourism revenues are set to contract by 10 per cent in 2016

Egypt tourism

Egypt’s tourism projects outlined to potential developersSubscription

16 March, 2015 By

Egypt pushes ahead with plans to build new Red Sea resorts

Egypt tourism

Egypt plans to revive tourist industrySubscription

15 March, 2015 By

Tourism minister targets 20 million tourists per year by 2020

Egypt: Tourist village leasingSubscription

30 November, 2015 By

Leasing and exploitation of facilities at a tourist village


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