Strengthening its position as a leading international hotel operator in Africa with an existing portfolio of 38 hotels, Starwood Hotels & Resorts announced plans to open 10 new hotels in Africa over the next 3 Years. The company will increase its African portfolio by nearly 30% with 10 new hotels set to open over the … Read more
According to Forbes Middle East, Arab billionaires rankings, the total wealth of the region’s billionaires rose to $121.3bn from last year’s figure of $117.6bn. Saudi Arabia and Lebanon led the way on the list with eight billionaires each. Topping the ranking was Saudi Arabia’s Prince Alwaleed Bin Talal Al Saud with an estimated fortune of … Read more
Despite Political turmoil across North Africa, designer Giorgio Armani is focusing on its plans to open luxury resorts in Egypt and Morocco. Armani plans to develop its high-end brand of hospitality in the region with Dubai’s Emaar Properties. The Work is continuing on an Armani villa project in Marassi, Egypt, which is part of a … Read more