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Six major Spanish hotels are allied with funds to grow

Six major Spanish hotels such as Meliá, Barceló, NH, Palladium, Hesperia and Roxa (Blau) agree to strengthen the formula to expand allies to investment funds that are made with real estate and that give them the management of the establishment The large venture capital funds and managers rule out that Spain is at the end […]

$1Bn investment plan from DP World in Bangladesh

Dubai-based terminal operator DP World wants to invest US$1bn in Bangladesh’s container supply chain infrastructure, including ports, rail network and inland container terminals. The global port giant has tabled a formal proposal to Bangladesh’s government after a meeting organised with the Dubai Chamber last month. It expects the investments to bring cumulative economic benefits of […]

Dubai Airport Remains World’s Number 1 for International Travel

Dubai International Airport maintained its title as the world’s busiest for international travel, despite closing one of its runways for repairs last year and the ongoing grounding of the Boeing 737 Max. The airport, home to long-haul carrier Emirates, saw 86.4 million passengers in 2019, 6 million more than second-place Heathrow Airport in London. That’s […]

Solar megaproject in order to pitch UAE among the world’s major renewable players.

The United Arab Emirates’ (UAE) planned 2GW solar megaproject in order to pitch the nation among the world’s major renewable players. Emirates Water & Electricity Company (Ewec) issued the tender for the project shortly after completing the largest solar project in the world, the 1.17GW Sweihan solar project in Abu Dhabi, international renewable energy developers […]

Jumeirah Hotel Group looking for Saudi megaprojects

DAVOS: Jumeirah, the leading hotel and leisure group in the Middle East, is planning major developments in Saudi Arabia’s megaprojects, CEO José Silva told the sidelines of the annual meeting of the World Economic Forum in Davos. “We must be in those places, but I want to make sure we get the right address. Jumeiah […]

Kuwait attracted around $ 3.2 billion in direct investment

Kuwait attracted around $ 3.2 billion in direct investment between January 2015 and the end of March 2019. In its annual report for the fiscal year, between April 2018 and March 2019, the Kuwait Direct Investment Promotion Authority (KDIPA) revealed that investments during the period totaled almost KD156 million ($ 514 million). According to the […]

Goldman Sachs unveiled a Blackstone-like alternative investments group

Goldman Sachs has recently unveiled a Blackstone-like alternative investments group, previewing a key element of the strategic plan to be presented at the company’s much-anticipated investor day. In a memo to staff , David Solomon, Goldman’s chief executive, and his two top lieutenants described the Alternatives Capital Markets and Strategy Group as a unique opportunity […]

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