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    Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

    Egypt’s food industries contribute 24.5% of GDP

    Egypt’s food industries contribute 24.5% of GDP

    $36mln contract for construction of Duqm fisheries complex

    $36mln contract for construction of Duqm fisheries complex

    Ministry signs agreement to support Oman’s honey industry

    Ministry signs agreement to support Oman’s honey industry

    Local, Italian companies partner up to establish food retail chain in Egypt

    Local, Italian companies partner up to establish food retail chain in Egypt

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      Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

      Profits at top Saudi banks jump 17.6% in Q1

      Profits at top Saudi banks jump 17.6% in Q1

      GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

      GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      New study reveals that UAE is most competitive economy in the Arab world

      New study reveals that UAE is most competitive economy in the Arab world

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      Oman Construction Equipment Industry to 2028

      Oman Construction Equipment Industry to 2028

      $36mln contract for construction of Duqm fisheries complex

      $36mln contract for construction of Duqm fisheries complex

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      Madayn working on major Oman industrial city projects

      Madayn working on major Oman industrial city projects

      Foundation stone laid for new 700-bed hospital is Salalah, Oman

      Foundation stone laid for new 700-bed hospital is Salalah, Oman

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      Iraq set to award new Faw Port deals

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        Suez Canal expects US$3.5 billion in revenues in H1

        Suez Canal expects US$3.5 billion in revenues in H1

        UAE and Egypt’s consortium to buy African renewables firm Lekela Power

        UAE and Egypt’s consortium to buy African renewables firm Lekela Power

        Fitch revises Saudi Aramco’s outlook to positive from stable

        Fitch revises Saudi Aramco’s outlook to positive from stable

        Investments in renewables in Egypt reach LE6 bn: Official

        Investments in renewables in Egypt reach LE6 bn: Official

        Egypt signs 8 gas exploration contracts worth $934mn over 15 months

        Egypt signs 8 gas exploration contracts worth $934mn over 15 months

        JGC lands $3.7bn Iraq refinery upgradation project deal

        JGC lands $3.7bn Iraq refinery upgradation project deal

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          Coronavirus: UAE conducting human trials for Covid-19 vaccine

          Coronavirus: UAE conducting human trials for Covid-19 vaccine

          COVID-19 vaccine could be available by autumn: Oxford University

          GSK to develop plant-based COVID-19 vaccine with Canada’s Medicago

          Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

          Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

          UAE sends medical aid to Iraq to fight COVID-19

          UAE sends medical aid to Iraq to fight COVID-19

          UAE launches phase III trial of inactivated Covid vaccine

          UAE launches phase III trial of inactivated Covid vaccine

          COVID-19 vaccine could be available by autumn: Oxford University

          COVID-19 vaccine could be available by autumn: Oxford University

        • Hospitality

          Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

          Saudi to be among world’s big leisure tourism hubs by 2030

          Saudi to be among world’s big leisure tourism hubs by 2030

          Qatar’s hospitality sector peaks despite turbulent 2020

          Qatar’s hospitality sector peaks despite turbulent 2020

          Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

          Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

          Staycations to stimulate Qatar’s hospitality sector

          Staycations to stimulate Qatar’s hospitality sector

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        • Agrofood
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          Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Egypt’s food industries contribute 24.5% of GDP

          Egypt’s food industries contribute 24.5% of GDP

          $36mln contract for construction of Duqm fisheries complex

          $36mln contract for construction of Duqm fisheries complex

          Ministry signs agreement to support Oman’s honey industry

          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Trending Tags

          • Business & Economy
            • All
            • Business
            • Communication
            • Digital
            • Economy
            • Finance
            • Trade
            • Transport & Logistics

            Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

            Profits at top Saudi banks jump 17.6% in Q1

            Profits at top Saudi banks jump 17.6% in Q1

            GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

            GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            New study reveals that UAE is most competitive economy in the Arab world

            New study reveals that UAE is most competitive economy in the Arab world

            Top 10 listed companies in the Middle East

            Trending Tags

            • CES 2017
            • Election Results
            • eSports
          • Construction
            • All
            • Infrastructure
            • Real Estate
            Oman Construction Equipment Industry to 2028

            Oman Construction Equipment Industry to 2028

            $36mln contract for construction of Duqm fisheries complex

            $36mln contract for construction of Duqm fisheries complex

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            Madayn working on major Oman industrial city projects

            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Trending Tags

            • Energy
              • All
              • Oil & Gas
              • Power & Electricity
              • Renewable Energy
              Suez Canal expects US$3.5 billion in revenues in H1

              Suez Canal expects US$3.5 billion in revenues in H1

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

              Trending Tags

              • Healthcare
                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                GSK to develop plant-based COVID-19 vaccine with Canada’s Medicago

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                UAE sends medical aid to Iraq to fight COVID-19

                UAE sends medical aid to Iraq to fight COVID-19

                UAE launches phase III trial of inactivated Covid vaccine

                UAE launches phase III trial of inactivated Covid vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                COVID-19 vaccine could be available by autumn: Oxford University

              • Hospitality

                Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

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              Hospitality infrastructure part of Qatar’s construction drive

              ifpinfo

              April 18, 2013
              in Infrastructure
              0

              Qatar’s economy is booming, fueled by the vitality of its domestic market and oil resources. However, Qatar’s strategy is to diversify its economy through tourism and the hosting of such global sporting events, which provide the best possible opportunity to make Qatar a tourist destination and to boost its international presence.

              Massive infrastructure construction projects are under way. Sporting venues, hotels, shopping malls, apartment complexes and houses are either being built or being readied for development.

              Qatar has plans to invest about $200 billion in infrastructure development over next 10 years, of that $140 billion will be invested within next five years, according to the Minister of Economy and Finance H E Yousuf Hussein Kamal.

              "Infrastructure is vitally important. We plan to invest $140 billion over the next five years in projects such as a new airport, a new seaport and a rail and metro system. Total infrastructure investment, including the 2022 FIFA World Cup, will be about $200 billion over the next 10 years… Qatar's investment benefits the whole region, not just Qatar itself."

              Yet, Qatar is set to invest an estimated $20 billion on tourism-related infrastructure projects overseen by Qatar Tourism Authority (QTA) in the next five years. The volume of hospitality projects is particularly increasing at an accelerated pace as Qatar plans to build more than 60,000 new hotel rooms in time for the country's hosting of the FIFA World Cup in 2022, Drake & Scull International (DSI) has said.

              With at least 19 hotels and around 5,544 hotel rooms currently under construction and in the planning stage, Qatar currently has the third largest pipeline of hotels in the region.
              The hospitality industry in Qatar will continue to become more vibrant and lucrative in the future as Qatar positions itself as a major tourist, business and lifestyle destination, and an ideal venue for international expositions, sporting championships and other high-profile events.

              New hotel projects underway
              Huge investments in the modernization of infrastructure and hospitality projects are underway not only in preparation for the World Cup, but also to leave a lasting impression of the country as a major destination for tourism, business, lifestyle and international exhibitions.

              Qatar’s buoyant tourism industry receives approximately one million international visitors a year, 90% of which are business travelers. However, through marketing events and media campaigns leading up to the World Cup, the government is strategizing on putting Qatar on the tourism map and on gaining significant international exposure to spur visitors to come back and explore the country further as tourists.

              New tourism projects are being constructed to handle the influx of tourists in the coming years as Qatar Tourism Authority expects a 20% growth in the sector over the next five years.  $20 billion worth of investments are in the pipeline for the tourism construction industry including the construction of hotels, resorts and recreational facilities, and over 85,000 hotel rooms in preparation for World Cup 2022.

              Internationally renowned luxurious hotels have already opened this year in Qatar including the St Regis Doha located in the capital Doha and 10 kilometers away from the Museum of Islamic Art. Qatar is now home for one of Hilton Hotels & Resorts brands with the opening of Hilton Doha in the city’s Corniche and 15-minute drive from the airport and in close proximity to Doha's upscale commercial, retail and diplomatic district, including the famous Souq Waqif and Museum of Islamic Art. Two new developments are in the pipeline for Hilton Worldwide in Qatar in partnership with Qatar's Al Rayyan Tourism Investment Company. The 145-room DoubleTree by Hilton Doha – Al Sadd and the 240-room DoubleTree Suites by Hilton Doha, are expected to open in 2014.

              InterContinental also set its latest sites in Qatar with the opening of Intercontinental Doha The City offering a range of luxury accommodations and facilities, including InterContinental Residence Suites and the country’s highest dining experience and an in-house chocolatier. Another five star landmark development under construction in Qatar is the second Four Seasons Hotel.  Planned to open in 2014, the 300 room Four Seasons Hotel at the Pearl will open at the multi-billion dollar offshore island and one of the largest real estate developments in Qatar. Rotana’s long term plan is to have opened five to six hotels in Qatar in preparation for the World Cup 2022. Rotana has already one hotel in Qatar and a second one slated to open by end of 2012 in Doha City Center.  

              Under construction is Doha’s first Premier Inn which will offer a convenient cost effective place for visitors to stay in Qatar. Located at the Doha Education City at the outskirts of Doha, this development is planned to open in 2013 with 200 rooms.

              Katara Hospitality, the new identity for Qatar National Hotels Company, added more than 4,000 hotel rooms to Qatar’s hospitality sector with more hotel developments in the pipeline including a new development in the Marina District of the new Lusail city and the Merwebhotel City Centre Doha.
              ifpinfo
              18 April

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