Qatar, Abu Dhabi bidding for 42 UK Marriott Hotels
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Mon July 9, 2012 10:48 am
china wholesale market

INTERNATIONAL. The Qatar Investment Authority and Abu Dhabi Investment Authority are bidding to buy 42 Marriott International Inc. hotels in England, the Sunday Times said, without saying where it obtained the information.

The sale is being administered by Royal Bank of Scotland Group Plc and may yield as much as 700 million pounds (US$1.08 billion), the newspaper said.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: March 2, 2015
UAE. Fiscal pressures on GCC economies are mounting with dropping oil prices accelerating the need to broaden and strengthen non-oil revenues, according to a new ICAEW report.
date:Posted: March 2, 2015
UAE. A tool for Governments, businesses and NGOs to look beyond economics toward Social Progress measurements to maximize FDI and growth.
date:Posted: March 2, 2015
INTERNATIONAL. Banks in Bahrain and Oman are vulnerable indirectly through the potential drop in investments and economic growth, and Nigeria is vulnerable directly through its banking system's significant overall exposure to the oil sector.
dhgate