The Middle East region generally and the GCC in particular remains one of the brighter points in the global economy, Nenad Pacek of the CEEMEA Business Group told the 10th Arabian Hotel Investment Conference (AHIC) at Dubai’s Madinat Jumeirah this morning. “Western…
Month: May 2014
Khalaf Al Habtoor tells AHIC financing Dubai’s projects not an issue; foresees high growth for 15 years
Chairman of Dubai’s Al Habtoor Group Khalaf Al Habtoor told the Arabian Hotel Investment Conference (AHIC) in Dubai’s Madinat Jumeirah today that he did not expect there will be problems in finding the finance Dubai needs for projects to be…
Shaikh Ahmed Bin Saed Al Maktoum presents AHIC leadership award to Saudi Arabia’s Prince Sultan Bin Salman
The annual Arabian Hotel Investment Conference (AHIC) leadership award was this afternoon presented to the president of the Saudi Commission for Tourism & Antiquities Prince Sultan Bin Salman al-Saud by Emirates Group President Shaikh Ahmed Bin Saeed Al Maktoum. The…
AHIC told boutique, lifestyle and 2-4 star hotels are opportunities in GCC
Lifestyle, boutique and two-four star hotels are areas of opportunity in the GCC hospitality industry, Roya International Group chief executive Ahmed Ramadan told the 10th Arabian Hotel Investment Conference (AHIC) this afternoon. “The greatest potential is in two-three star hotels,”…
AHIC told GCC mega-events should be symbols of future change
World Expo 2020 and the FIFA World Cup in Qatar in 2020 should become inspiring symbols of positive future change in the GCC, the 10th annual Arabian Hotel Investment Conference (AHIC) was told this afternoon. “This part of the world is…
Emirates NBD economist tells AHIC the UAE, Saudi Arabia and Oman are key ME tourism markets
Emirates NBD MENA research head Khatija Haque told the Arabian Hotel Investment Conference today that the UAE, Saudi Arabia and Oman offer the substantial potential for rapid tourism and hospitality industry growth. “For a country looking for job creation, tourism…
King Abdullah Economic City CEO tells AHIC that Saudi tourism will boom in years to 2020
King Abdullah Economic City chief executive officer Fahd Al Rasheed told the Arabian Hotel Investment Conference (AHIC) this afternoon that the hotel and tourism industry will boom in Saudi Arabia in the next decade. “We estimate the kingdom’s tourism market…
AHIC 2014 gets off to a strong start with heavy attendance at networking roundtables
AHIC 2014 gets off to a strong start with heavy attendance at networking roundtables More than 200 delegates at the 10th Arabian Hotel Investment Conference (AHIC) attended the initial roundtable networking event during the conference’s opening session this morning at…
Up to 600 expected to attend 10th AHIC today
Up to 600 delegates, guests and speakers are expected at the opening session of the 10th annual Arabian Hotel Investment Conference (AHIC) which begins in Dubai’s Madinat Jumeirah today. Features of AHIC’s first day will include: • The presentation of…
NBK honours Ibrahim Dabdoub’s 53 years of service
National Bank of Kuwait (NBK) has honored Ibrahim Dabdoub, NBK Ex-Group Chief Executive Officer, for his 53 years at NBK. The honoring ceremony was attended by Anas Al Saleh, Kuwait Minister of Finance, Dr. Mohammad Yousef Al Hashel, the Governor…