All the must-read stories from the past seven days. Fairmont The Palm sold, Dubai launches hotel group, Saudi’s luxury ...

Arzan Investment Management (AIM) will acquire the 391-room luxury hotel. Fairmont The Palm to be sold for US$325million.

IFA Hotels and Resorts is looking to sell its Fairmont The Palm property for $325 million after entering into a sale ... The latest agreement follows the recent acquisition of AIM’s VOCO Bonnington, ...

Meier said he wants to “establish Jumeirah as one of the foremost influential hospitality brands worldwide”. “As we gear up for the opening of Jumeirah Marsa Al Arab and con ...

An investment vehicle of Arzan Investment Management (AIM), a subsidiary of Arzan Financial Group (AFG) [BK: ARZAN], has entered into a binding Sale and Purchase Agreement (SPA), for Fairmont The Palm ...

ARZAN], has entered into a binding Sale and Purchase Agreement (SPA), for Fairmont The Palm, Dubai, from IFA Hotels and Resorts [BK: IFA HR], for $325M. The transaction is subject to customary ...