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Jumeirah Group announces the launch of Jumeirah Royal Saray (BH)
Jumeirah Group launches Bahrain Royal Saray hotel

Jumeirah Group’s first hotel in the Kingdom of Bahrain will open on Wednesday 28 February 2018. Jumeirah Royal Saray offers a new wave of understated luxury on a private beach in ...

UNEC to develop Nakheel's €1.34bn Deira Mall scheme (AE)
Nakheel signs UNEC to develop €1.34bn Deira Mall scheme (AE)

Nakheel has signed a contract for the construction of Deira Mall, its new shopping, dining and entertainment destination with a total development value of €1.34bn (AED6.1bn) – and the ...

Nakheel’s Palm Tower reaches 42 floor as concrete works pass 80% mark (AE)
Nakheel’s Palm Tower reaches 42 floor as concrete works pass 80% mark (AE)

Nakheel’s Palm Tower on Dubai’s Palm Jumeirah has reached 42 floors in terms of concrete works, with the remaining eight residential floors to be delivered in Q3 this year. ...

Nakheel posts €1.24bn profit for 2017
Nakheel posts €1.24bn profit for 2017

Nakheel has announced a net profit of €1.24bn (AED5.67) bn for 2017, up 14% on 2016. The company generated a net profit of €370m (AED1.67bn) in Q4 of 2017, an increase of ...

Aamal Company acquires prime residential portfolio in Doha for €39.7m (QA)
Aamal Company acquires prime residential portfolio in Doha for €39.7m (QA)

Aamal Company has announced the purchase of the residential portfolio in Doha. The asset includes three residential compounds which comprise 24 villas and two buildings containing 20 ...

Nakheel begins construction of Warsan Village leisure hub in Dubai (AE)
Nakheel begins construction of Warsan Village leisure hub in Dubai (AE)

Nakheel has launched construction on a new AED 10m dining, sports and leisure hub at Warsan Village villa community in Dubai. Due to open in 2019, Warsan Village Club will feature ...

Lulu Group acquires Waldorf Astoria Edinburgh for $120m (GB)
Lulu Group acquires Waldorf Astoria Edinburgh for $120m (GB)

Twenty14 Holdings (T14H), the hospitality investment arm of Lulu Group International, has completed a $120m acquisition of the Waldorf Astoria Edinburgh - The Caledonian.   The Caledonian joins ...

Nakheel and AccorHotels sign Jumeirah Village Circle deal (AE)
Nakheel and AccorHotels sign Jumeirah Village Circle deal (AE)

Master developer Nakheel and AccorHotels, the world’s leading travel and lifestyle group, have signed a management agreement for ibis Dubai Jumeirah Village Circle, further strengthening their ...

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