Nakheel and AccorHotels sign management deal for ibis hotel

Updated 12 January 2018
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Nakheel and AccorHotels sign management deal for ibis hotel

Nakheel and AccorHotels have signed a management agreement for ibis Dubai Jumeirah Village Circle, further strengthening their strategic partnership for Dubai hospitality projects.
Ali Rashid Lootah, the chairman of Nakheel, and Olivier Granet, managing director and chief operating officer for AccorHotels Middle East & Africa, signed the deal, which is the third collaboration between the two companies.
A month ago, Raffles was announced as the brand for the luxury hotel and residences at PALM360 on Palm Jumeirah, and Nakheel’s 251-room hotel at Dragon Mart, which opened in 2016, is also managed by AccorHotels, under the ibis Styles brand.
Located inside the eastern edge of the sprawling Jumeirah Village Circle community, the 252-room ibis hotel will provide an economy hospitality offering, with an all-day restaurant with indoor and outdoor seating, cafe, fitness center, meeting room and car park. The hotel is expected to open in 2021.
Lootah said: “Our hospitality business continues to go from strength to strength, as we design and deliver a diverse range of hotels, resorts and serviced residences at key locations across Dubai, and partner with world-leading hotel brands to bring new hospitality concepts to the emirate. I am delighted to further reinforce our partnership with AccorHotels for the ibis hotel at Jumeirah Village Circle.”
Granet said: “We are thrilled with the collaboration. Following the recent announcement of the Raffles brand on the iconic Palm Jumeirah with PALM360, as well as our operation of ibis Styles Dragon Mart, we value this successful relationship and recognize Nakheel’s far-reaching vision of further enhancing Dubai as a world-class destination.
“ibis is by far the leading economy hotel brand in the region with 39 hotels and this project is a true testament to the strength of this offering in the Middle East.”


King Abdullah Port sponsors logistics forum

Updated 18 September 2018
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King Abdullah Port sponsors logistics forum

King Abdullah Port has signed an agreement to sponsor the Supply Chain and Logistics Conference organized by the Transport Ministry. The conference, which will take place on Oct. 15-16 in Riyadh, will be held under the patronage of Transport Minister Dr. Nabil M. Al-Amoudi. Decision-makers, experts and officials from major local and international companies involved in the supply chain and logistics sector are expected to attend.

Highlighting the importance of participating in the event, Rayan Qutub, CEO of King Abdullah Port, said: “Our sponsorship of the conference comes within our commitment to cooperate and exchange expertise with the active players of the logistics sector, which recently has been witnessing major developments in terms of business volume, innovation and solutions that complement Vision 2030 and transform Saudi Arabia into a global logistics hub by promoting its position on the Logistics Performance Index issued by the World Bank.”

“Saudi Arabia has a number of components and facilities that enable it to play a key role in this sector at the regional and global levels, and we will play our part in showcasing the best King Abdullah Port has to offer in the logistics sector, such as solutions and facilitation for investors based on the port’s strategic location on the Red Sea. The port is on the main shipping line between the East and West, which significantly enhances the Kingdom’s competitiveness and positions it among the key countries in global trade,” he added.

Qutub will participate in a session for CEOs, where participants will discuss strategic decisions to reshape and keep pace with the global system of supply chains and logistics.

King Abdullah Port previously announced an increase in container handling reaching 1,236,075 TEU during the first half of 2018, marking a new record of 50.5 percent increase compared to the same period last year. Earlier, the port announced a 21 percent increase in its annual throughput by the end of 2017, making it the second largest port in the Kingdom in terms of container handling. 

Run by the Ports Development Company, King Abdullah Port is the region’s first port to be fully owned, developed and operated by the private sector. It has been listed as the fastest growing container port in the world and one of the world’s top 100 ports after less than four years of operation. Eight of the largest shipping lines work at the port, which offers integrated services to exporters and importers.