Eagle Hills and Indonesia sign $3bn deal
The Ministry of State-Owned Enterprises (SOEs) of the Republic of Indonesia has entered into a landmark partnership with Eagle Hills Properties to boost Indonesia’s tourism and infrastructure sectors. The Memorandum of Understanding (MoU) was signed recently in the presence of Indonesian President Joko Widodo and UAE President Sheikh Mohammed bin Zayed Al Nahyan.
Minister of SOEs Erick Thohir and Mohammed Alabbar Founder and Chairman of Eagle Hills Properties and Founder of Emaar Properties, signed the agreement, which outlines plans for investments of up to $3 billion in Indonesia’s tourism infrastructure.
Key aspects of the collaboration include comprehensive investment in property development, airport areas, and tourism destination ecosystems; knowledge transfer; and development of new tourism destinations amongst others.
FITUR Sports returns in January
FITUR Sports, organised by IFEMA MADRID and SPAIN IS SPORT – AFYDAD, the Spanish Association of Manufacturers and Distributors of Sporting Goods, will once again take place alongside FITUR’s International Tourism Trade Fair from January 22 to 26, 2025.
FITUR Sports 2025 will be repeating the format of three professional days of conferences and round tables from 22 to 24 January and exhibitions with activities being held over the weekend for the general public. Content will include Outdoor Sports, Competitive Sports and Sports Events & Sports Business Travel.
FITUR Sports aims to promote the exchange of knowledge through a powerful programme of conferences and to generate business opportunities.
Premium helicopter service deal for THE RIG
Oil Park Development Company (OPDC), a wholly owned company of PIF responsible for developing THE RIG. project, has entered into a memorandum of understanding with The Helicopter Company (THC), the Kingdom’s leading commercial helicopter operator.
This collaboration aims to provide a premium helicopter transport service for visitors travelling to and from THE RIG., the world’s first offshore adventure tourism destination situated in the Arabian Gulf.
Under this partnership, THC will leverage its expertise to provide specialized helicopter services characterized by high standards of safety, comfort, and efficiency, thereby significantly enhancing the overall visitor experience.
Boutique’s second edition announced
Private Luxury Events announces the highly anticipated second edition of Boutique, an exclusive event dedicated to the world’s best boutique luxury properties and travel specialists. This invite-only gathering will take place from April 2 to 5, 2025, in the luxurious coastal city of Marbella, hosted by two exquisite properties: Anantara Villa Padierna Palace Benahavís Marbella Resort and METT Hotel & Beach Resort Marbella.
Boutique by Private Luxury Events is designed to bring together discerning luxury travel buyers to meet with inspirational products celebrated for their distinctive character, unparalleled service, and personalised experiences.
Les Roches to open in Zayed Sports City
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Les Roches Global Hospitality have revealed the location of the upcoming Abu Dhabi Hospitality Academy – Les Roches, set to launch in Zayed Sports City in September 2024. The innovative new educational institution will be housed in a historic building which seamlessly blends tradition with modernity, creating a vibrant atmosphere that complements the rich history of the space and sets the stage for an inspiring learning journey.