Category Archives: News around the world

Top ten hotel openings in the Middle East 2010 (#2)

Raffles Makkah Palace – Once in a while a project comes along that really captures the imagination and Raffles Makkah Palace is one of them. The hotel is situated in the very heart of Makkah and is part of the Mecca Royal Clock Tower development. Occupying 15 floors of the 32-story tower and containing 211 [...]
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Dubai property prices fall 1.9% in January 2011, no signs of recovery…

Property prices in Dubai, the Arabian Gulf business hub, fell 1.9 percent in January while rents dropped 0.7 percent, Deutsche Bank said.  “Although the pace of decline has slowed lately, we still do not see any improvement in fundamentals that could trigger a recovery,” analysts Nabil Ahmed and Athmane Benzerroug wrote in a note to [...]
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