Nikki Beach Global Announces Waterfront Residences in Ras Al Khaimah, UAE

Nikki Beach Global (‘Nikki Beach’) the international luxury lifestyle and hospitality brand, announced today a partnership to develop three waterfront residential buildings in Ras Al Khaimah. Nikki Beach and Aldar Properties (‘Aldar’), a leading real estate developer, investor, and manager in the UAE, have come together to develop branded residences on Al Marjan Island, which will launch for sale later this year.

Nobu Hospitality to Open Two Luxury Hotels, Restaurants, and Residential Projects in Egypt

SODIC, Egypt’s leading real estate developer, in partnership with Nobu Hospitality, the globally acclaimed luxury lifestyle brand, announces plans for a comprehensive expansion of the Nobu brand in Egypt with the development of luxury hotels, branded residences, and the iconic Nobu restaurant. Underpinned by SODIC’s extensive expertise and reputation, Nobu’s introduction into Egypt will anchor two of SODIC’s developments – Cairo in the New Zayed area and a coastal development on the North Coast – resulting in two multi-million dollar five-star hotels, a Nobu restaurant and branded Nobu residences with an extensive array of facilities for residents and guests.

Hilton Plans to More Than Quadruple its Presence in Saudi Arabia

As Saudi Arabia continues to fulfill its vision of becoming a world leader for international travel and tourism, Hilton (NYSE: HLT) has announced plans to open over 50 new hotels across 10 of its brands, making the country the company’s largest pipeline market in Europe, the Middle East and Africa (EMEA). Hilton has accelerated its growth strategy in Saudi Arabia in recent years, announcing multiple signings as the company works towards its plans to increase its portfolio to more than 75 trading properties across the country.