Enlightening Dubai: Dubai business daily
saudi arabia
IHG signs up Riyadh’s Crowne Plaza
InterContinental Hotels Group (IHG) has signed up the Crowne Plaza Riyadh, in partnership with Mohammed A. Al-Swailem for Commercial Investment Co. Ltd.
This will be IHG’s second Crowne Plaza in Saudi Arabia and is scheduled to open in late 2010.
Primarily servicing business travellers, the hotel will feature over 300 rooms and suites will be located in [...]
The world needs to find a new Saudi Arabia every two years to meet oil demand
The world oil consumption is increasing by one to two million barrels a day, per year, against a natural decline in the oil wells and reservoir of around eight per cent a year, warns Hamid Jafar, executive chairman of Dana Gas.
Jafar made this observation while addressing the senior bankers at the ‘Bankers Lunch’ at Dubai [...]
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