Month: April 2019

DLD Receives Russian Delegation Of 50 Real Estate Professionals

Dubai Land Department (DLD) received a Russian delegation of 50 specialists from Russian real estate developers and financial institutions from Moscow, as part of their participation in the ‘Annual Investment Meeting 2019’ that took place 8 – 10 April 2019 under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and

Saudi Aramco to acquire stake in South Korean Hyundai Oilbank

The Saudi Arabian Oil Company (Saudi Aramco) and Hyundai Heavy Industries Holdings today announced that they have reached an agreement for Saudi Aramco’s subsidiary,  Aramco Overseas Company B.V (AOC), to purchase a 17% stake in South Korea’s Hyundai Oilbank, a subsidiary of Hyundai Heavy Industries Holdings. The investment is valued at approximately $ 1.25 billion.

HONOR Expands Its Footprint In The GCC By Unveiling A New Shop-In-Shop

HONOR, the leading smartphone e-brand, pursues its GCC expansion plans by debuting its retail presence in Saudi Arabia with the launch of the first shop-in-shop at Jarir Ahasa Showroom in Riyadh. The same will be followed by charting a wider presence across the GCC with plans of opening several physical presence outlets in the pipeline.

GCC Produces 1.8 Million Overnight Stays In Germany During 2018

The German National Tourist Board (GNTB) has announced that it will be showcasing a range of key destinations at Arabian Travel Market (ATM) 2019, which takes place at the Dubai World Trade Centre from 28th April to 1st May. Participants from Germany partnering with the GNTB this year include the ‘Hotel Palace Berlin’; ‘Frankfurt Tourist

Middle East’s Largest Hospitality Technology Exhibition And Conference ‘HITEC Dubai 2019’ To Return In November

It has been announced that Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism) will once again be the destination partner for ‘HITEC Dubai 2019’ taking place on 12 and 13 November. Building on last year’s success, the Middle East’s largest hospitality technology exhibition and conference that is co-produced by Hospitality Financial and Technology Professionals

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