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    Egypt’s agriculture exports rise 17.2 percent in 5 months

    Egypt’s agriculture exports rise 17.2 percent in 5 months

    Egypt secures $66 mln from EU, AFD to expand wheat storage

    Egypt secures $66 mln from EU, AFD to expand wheat storage

    Agreements signed to establish 4 food factories in Jordan

    Agreements signed to establish 4 food factories in Jordan

    Morocco set to launch potash project: report

    Morocco set to launch potash project: report

    Food Africa and pacprocess MEA to launch in December with an even larger area

    Food Africa and pacprocess MEA to launch in December with an even larger area

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

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

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    • Business & Economy
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      Number of BIA passengers up by 26.90% annually YTD APRIL 2023

      Number of BIA passengers up by 26.90% annually YTD APRIL 2023

      Qatar’s non-oil sector achieved 9.9% growth in Q4 2022: Prime Minister

      Qatar’s non-oil sector achieved 9.9% growth in Q4 2022: Prime Minister

      International investors keen on entering Saudi market, says minister

      International investors keen on entering Saudi market, says minister

      Egypt aims to enhance contribution of IT sector to GDP: Talaat

      Egypt aims to enhance contribution of IT sector to GDP: Talaat

      Saudi airports witness 42% rise in passengers in first 4 months of 2023

      Saudi airports witness 42% rise in passengers in first 4 months of 2023

      Oman’s annual inflation rate eases to 1.1% in April, lowest since March 2021

      Oman’s annual inflation rate eases to 1.1% in April, lowest since March 2021

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      • CES 2017
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      Oman gears up for its first smart city

      Oman gears up for its first smart city

      Saudi real estate ‘booming’ on big office space demand

      Saudi real estate ‘booming’ on big office space demand

      Value of Saudi construction contracts jump 35% to $51.3bn: report

      Value of Saudi construction contracts jump 35% to $51.3bn: report

      Qatar to implement new strategies for real estate development

      Qatar to implement new strategies for real estate development

      Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals

      Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals

      Sharjah records 21,486 real estate transactions worth Dh5.9 billion in Q1 2023

      Sharjah records 21,486 real estate transactions worth Dh5.9 billion in Q1 2023

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        Clean energy technology manufacturing market to reach $790bln by 2030: IEA

        Clean energy technology manufacturing market to reach $790bln by 2030: IEA

        Egypt invests $64mln in electricity network development in South Sinai since July 2014

        Egypt invests $64mln in electricity network development in South Sinai since July 2014

        First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan

        First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan

        Oman’s refinery products output jumps by 44%

        Oman’s refinery products output jumps by 44%

        Iraq agrees to 30% stake in TotalEnergies $27bln energy project

        Iraq agrees to 30% stake in TotalEnergies $27bln energy project

        Oman signs $20bn hydrogen deals

        Oman signs $20bn hydrogen deals

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        • Hospitality
          Qatar: Over 700 hotel keys added in Q1

          Qatar: Over 700 hotel keys added in Q1

          Jordan’s tourism income surges 88% as visitors flock to the country

          Jordan’s tourism income surges 88% as visitors flock to the country

          Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

          Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

          Leisure sector in Qatar stronger after World Cup 2022

          Leisure sector in Qatar stronger after World Cup 2022

          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

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        • Agrofood
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          • Agriculture
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          Egypt’s agriculture exports rise 17.2 percent in 5 months

          Egypt’s agriculture exports rise 17.2 percent in 5 months

          Egypt secures $66 mln from EU, AFD to expand wheat storage

          Egypt secures $66 mln from EU, AFD to expand wheat storage

          Agreements signed to establish 4 food factories in Jordan

          Agreements signed to establish 4 food factories in Jordan

          Morocco set to launch potash project: report

          Morocco set to launch potash project: report

          Food Africa and pacprocess MEA to launch in December with an even larger area

          Food Africa and pacprocess MEA to launch in December with an even larger area

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

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

          Trending Tags

          • Business & Economy
            • All
            • Business
            • Economy
            • Finance
            • Industry
            • Technology
            • Trade
            • Transport & Logistics
            Number of BIA passengers up by 26.90% annually YTD APRIL 2023

            Number of BIA passengers up by 26.90% annually YTD APRIL 2023

            Qatar’s non-oil sector achieved 9.9% growth in Q4 2022: Prime Minister

            Qatar’s non-oil sector achieved 9.9% growth in Q4 2022: Prime Minister

            International investors keen on entering Saudi market, says minister

            International investors keen on entering Saudi market, says minister

            Egypt aims to enhance contribution of IT sector to GDP: Talaat

            Egypt aims to enhance contribution of IT sector to GDP: Talaat

            Saudi airports witness 42% rise in passengers in first 4 months of 2023

            Saudi airports witness 42% rise in passengers in first 4 months of 2023

            Oman’s annual inflation rate eases to 1.1% in April, lowest since March 2021

            Oman’s annual inflation rate eases to 1.1% in April, lowest since March 2021

            Trending Tags

            • CES 2017
            • Election Results
            • eSports
          • Construction
            • All
            • Infrastructure
            • Real Estate
            Oman gears up for its first smart city

            Oman gears up for its first smart city

            Saudi real estate ‘booming’ on big office space demand

            Saudi real estate ‘booming’ on big office space demand

            Value of Saudi construction contracts jump 35% to $51.3bn: report

            Value of Saudi construction contracts jump 35% to $51.3bn: report

            Qatar to implement new strategies for real estate development

            Qatar to implement new strategies for real estate development

            Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals

            Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals

            Sharjah records 21,486 real estate transactions worth Dh5.9 billion in Q1 2023

            Sharjah records 21,486 real estate transactions worth Dh5.9 billion in Q1 2023

            Trending Tags

            • Energy
              • All
              • Oil & Gas
              • Power & Electricity
              • Renewable Energy
              Clean energy technology manufacturing market to reach $790bln by 2030: IEA

              Clean energy technology manufacturing market to reach $790bln by 2030: IEA

              Egypt invests $64mln in electricity network development in South Sinai since July 2014

              Egypt invests $64mln in electricity network development in South Sinai since July 2014

              First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan

              First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan

              Oman’s refinery products output jumps by 44%

              Oman’s refinery products output jumps by 44%

              Iraq agrees to 30% stake in TotalEnergies $27bln energy project

              Iraq agrees to 30% stake in TotalEnergies $27bln energy project

              Oman signs $20bn hydrogen deals

              Oman signs $20bn hydrogen deals

              Trending Tags

              • Hospitality
                Qatar: Over 700 hotel keys added in Q1

                Qatar: Over 700 hotel keys added in Q1

                Jordan’s tourism income surges 88% as visitors flock to the country

                Jordan’s tourism income surges 88% as visitors flock to the country

                Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

                Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

                Leisure sector in Qatar stronger after World Cup 2022

                Leisure sector in Qatar stronger after World Cup 2022

                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

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              Qatar plans hotel alternatives for 2022 FIFA World Cup

              Reuters, STR Global, Doha News

              February 13, 2017
              in Hospitality
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              The 2022 FIFA World Cup is only five years away, and the host nation of Qatar has been stepping up hotel development in anticipation of an influx of visitors. Global companies and brands are building hotels in cities that will host games—but alternative options are already under consideration in case there aren't enough rooms for players and fans.

              21,000 to 46,000 in Six Years
              When Qatar first bid for the games, it promised to build more than 55,000 rooms. Since winning its bid, Qatar has spent tens of billions of dollars on upgrading infrastructure, and has built "scores" of hotels and apartment complexes. Some projects, however, have faced major delays, including at least two hotels in the capital city of Doha. As of January, authorities were predicting that 46,000 rooms would be ready for the games.

              STR Global estimates that Qatar's current hotel stock totals 21,056. The number of rooms in Doha alone has increased by almost 7 percent so far this year alone—but occupancy rates are dropping, with only 65 percent of rooms occupied and RevPAR dropping by nearly a quarter. (STR attributes the drop in demand to the increase in supply and to a drop in international arrivals due to falling oil prices.) According to STR’s March 2016 Pipeline Report for the Middle East and Africa, Doha's pipeline includes 5,724 rooms in 26 hotels, but this number could always change should funds disappear amid a visitor downturn.
               
              Who's Building?
              Global hotel companies are expanding their footprints across Qatar, with several signings and openings this year alone. Just last week, Universal Management Group signed a management agreement with Hilton Worldwide to open the Hilton Garden Inn Doha C Ring Road in 2018 in Qatar’s capital.

              Hilton already operates the Hilton Doha, as well as the recently opened DoubleTree by Hilton Doha – Old Town and expects to increase its Qatari portfolio with a further seven projects currently under development, including the region’s first Curio, a Collection by Hilton hotel expected to open later this year at the Mall of Qatar.

              Hilton has also signed a management agreement with Assets Real Estate Development Company to open the 325-room Conrad Doha, expected to open in early 2019.

              Starwood Hotels & Resorts, meanwhile recently opened the Westin Doha Hotel & Spa, in partnership with Ghanem Al Thani Holdings, headed by Sheikh Ghanem al Thani. The property is Starwood’s fourth hotel in Qatar. Starwood currently operates 53 properties across the Middle East and has a pipeline of nearly 40 hotels set to open in the next five years.

              Rotana, meanwhile, opened the City Centre Rotana Doha in February. Developed by Al Rayyan Tourism Investment Company, the hotel is located in the West Bay area. Around the same time, Shangri-La opened a 50-story property, also in West Bay.

              In January, Langham Hospitality Group signed its first hotel for Qatar. When it opens in 2018, the Langham Place, Lusail will be located in the newly planned city of Lusail, 14 miles north of Doha. The hotel will be developed by Real Estate Services Group and managed by Langham Hospitality Group. Notably, the property will be part of the Lusail City development, and close to Lusail Iconic Stadium, where the opening and final matches of the World Cup will be played.
               
              Simaisma, a Murwab Resort, opened in February, and is operated by Murwab Hotel Group, a new arm of Katara Hospitality. The property was reportedly scouted in March by FIFA professionals to see if it had the kinds of facilities that would be required by a World Cup team.

              Contingency Plans
              Perhaps remembering the embarrassment Sochi faced in 2014 when early arrivals to the Winter Olympics found hotels (to put it politely) not yet ready for international travelers, FIFA organizers are already planning for alternate accommodation options should sufficient quality hotels be available by the time the World Cup begins in 2022. Organizers are reportedly considering a proposal to put fans in Bedouin-style desert camps, or promoting private services such as Airbnb and housing fans in cruise ships docked along the coast, a government official said.
              Sources: Reuters, STR Global, Doha News
              12 February

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