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

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

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INTERNATIONAL. If history shows us that science has spawned so many unintended discoveries, what is around the next corner of unintended scientific breakthroughs?
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SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.
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