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21/01/2010 00:00 AST
Abu Dhabi investment company Noor Capital will build a $100 million five-star hotel apartment project in Karbala, Iraq, with UK hospitality developer Range Hospitality, an executive said in remarks published on Wednesday.
The project in the holy city, called The Range, is expected to be completed in 2013, daily The National reported.
The hotel will have between 650 and 700 rooms and will be managed by the Splendid Hotel Group of London. "The transaction is in line with Noor Capital's governing philosophy to promote hospitality projects within the Middle East and in particular within the religious tourism sector," said Ehab Al Bakri, the head of placement and business development at Noor .
Khaleej Times
11/01/2016
Noor Trade, a division of Noor Bank, has signed a financing agreement with the Mohammad Bin Rashid Fund (MBRF), an initiative of Dubai SME, to support small and medium-sized enterprises (SMEs), accor
Gulfnews
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15/03/2025
Emirates NBD, Dubai's largest bank by assets, has denied media reports about potential acquisition plans. Since January 2023, there has been speculation linking Emirates NBD with several potential ac
Gulfnews
15/03/2025
Both the Ordinary General Assembly and the Extraordinary General Assembly of Estithmar Holding convened and approved the company's financial results for the year ended December 31, 2024.
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The Peninsula
14/03/2025
The Dubai shipping firm Gulf Navigation has ticked off one major milestone in its ongoing turnaround by getting shareholder approval to take over the assets and companies owned by Brooge Energy Ltd.
Khaleej Times
13/03/2025
Asyad Shipping Company, one of the world's largest diversified maritime providers and a global leader in deep-sea transportation, successfully listed on the Muscat Stock Exchange (MSX) on Wednesday f
Muscat Daily
13/03/2025
Qatar Gas Transport Company (Nakilat) marked a significant milestone with the steel cutting ceremony for eight of its new LNG carriers at Hanwha Ocean Shipyard in South Korea.
These vessel
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