Village built for poor Muslims in Sri Lanka at a cost of QR3.3m
June 20, 2017
Sheikh Thani bin Abdullah Foundation for Humanitarian Services (RAF) will soon inaugurate a village comprising 150 homes built at a cost of over QR3.3m for poor Muslim families in Mannar District, Northern Province of Sri Lanka.
The village will accommodate hundreds of displaced families who were forced to leave their homes due to conflict between government and separatists.
The"...
Qatar looks to make a dent in NYC luxury real estate
June 15, 2017
Although Qatar has been cut off by several other Middle Eastern neighbors for supporting and harboring terrorists, its sovereign wealth fund is doing business as usual and has investments and partners in New York City and around the globe.
The Qatar Investment Authority (QIA) was created to invest earnings from liquefied natural gas, and has become"...
The First Group’s New Dedicated Food & Beverage Division to Bring Innovative Dining Concepts to Dubai
June 5, 2017
The First Group has launched a dedicated F&B business that will introduce new and established restaurant brands to Dubai, some of which will be global firsts.
In a move that marks significant expansion for the Dubai-based property development firm, the new division will fill the gap in the market for affordable lifestyle-driven dining concepts, as demand in the midscale and upscale hospitality"...
Friends Provident International invests in Munich Re’s ALLFINANZ digital new business solution to streamline policy application and improve customer service
May 30, 2017
(ME NewsWire)-- Munich Re Automation Solutions Ltd., the leading provider of new business underwriting solutions to the life insurance industry, today announced that Friends Provident International (FPI) has become the latest international life insurance provider to implement the ALLFINANZ Interview Server solution. The automated underwriting platform will enable FPI to streamline the policy application process, accelerate customer acquisition and improve customer service.
...
SOBHA Declared Top Brand for the 3rd Consecutive Year
May 30, 2017
(ME NewsWire)-- SOBHA Limited, India’s most admired and trusted real estate brand, has been declared the top brand of the Indian real estate sector for the 3rd consecutive year by the Brand X Report 2016-17, an annual study conducted by Track2Realty. This has been a rare accomplishment – the first HATTRICK of brand leadership by any real estate player in India so far.
This in-depth Brand Perception"...
Housing and office rents in Qatar are becoming more affordable
May 27, 2017
Rents for compound villas and two-bedroom apartments in Qatar fell in the first quarter of this year, according to a new real estate report.
This was driven primarily by a slowdown in the country’s population growth and white-collar layoffs, DTZ said in its Property Times communiqué for Q1 2017.
Companies have also been looking to cut costs by providing staff"...
Hilton Opens the First-Ever Tru by Hilton – Its 5,000th Property
May 26, 2017
(ME NewsWire)-- Hilton (NYSE: HLT) today celebrated the grand opening of the first-ever Tru by Hilton – the company’s 5,000th hotel – at Tru by Hilton Oklahoma City Airport. With more than 425 hotels in various stages of development, Tru by Hilton has achieved the fastest growing pipeline in the history of the hospitality industry, and has captured approximately 2/3 of all net pipeline growth associated with the midscale segment since it launched in 2016. Developed from the ground up using consumer and owner feedback, and brought to market in just 16 months from when it launched at the Americas Lodging Investment Summit (ALIS), Tru by Hilton is a brand-new hotel experience that is vibrant, affordable and young-at-heart. It is energetic, but it is relaxing and comfortable. It is familiar, and it is also unexpected. It is uniquely Tru. “For nearly 100 years, Hilton has delivered exceptional hospitality to millions of travelers through our world-class brands and industry-leading innovations,” said Christopher J. Nassetta, president and CEO,......