The Ministry of Finance has introduced regulations governing the sale of government shares held in joint venture companies in the tourism sector. These regulations are made in pursuance of the Tenth Amendment to the Tourism Act which repealed and replaced the earlier provisions on the subject...
Morteza Capital, a Maldives-focused hotel and real estate investment specialist, has announced the launching of an international bond programme backed by hotel
Japan’s decision to not allow international spectators to this summer’s rescheduled 2020 Summer Olympics takes a major bite out of anticipated hotel demand.
European Internal Market Commissioner Thierry Breton said on Sunday that he hoped Europe will have a summer tourist season this year, supported by a ramp-up in its COVID-19 vaccination efforts.
As the pandemic continues to weigh on the global tourism sector, some countries are more severely affected and some are trying to cushion themselves with...
The first quarter of 2021 fared better-than-expected thanks to the post-pandemic recovery in the UAE, said Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group (AHG), a major privately-owned business conglomerate in the region.