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Hospitality Business GCC Saudi Arabia UAE

Saudi Arabia and UAE account for 90% of hospitality investment in the Middle East

The Middle East is witnessing hospitality and residential projects worth $1.9 trillion being developed across the region, with Saudi Arabia, the UAE and Egypt accounting for 90% ($1.7 trillion) of the investment table, according to new findings released as the Future Hospitality Summit takes place in Abu Dhabi, UAE (September 25-27, 2023). A study by […]
Travel Business Lifestyle

FDI returns to the global tourism sector

Middle East only region where Q1 2023 tourist arrivals exceeded those of Q1 2019 The steady recovery of international tourist arrivals is firming up foreign direct investment (FDI) in the global tourism industry following the unprecedented and historic lows it touched during the pandemic, according to a newly released report jointly produced by the World […]
Logistics Business

Hellmann Worldwide Logistics sets up new JV with ATS for Middle East road business foray

HellmannATS Road Solutions is road transport operator for Hellmann in UAE Hellmann Worldwide Logistics, the Osnabrück, Germany-based global logistics service provider, and ATS, the Dubai, UAE-headquartered logistics company, have partnered to establish a joint venture named HellmannATS Road Solutions. The JV will feature a technology-based range of B2B logistics solutions