Egypt’s hospitality boom takes centre stage at FHS Egypt launch event

Thu, 18 Jun 2026

Future Hospitality Summit Egypt was launched by The Bench on June 11, bringing together hospitality, real estate and investment leaders ahead of the November 2026 event in Cairo. The summit highlighted Egypt’s strong hotel growth, rising investment, and expanding development pipeline.

AHS Properties buys Shangri-La Hotel Dubai for $300m

Thu, 11 Jun 2026

UAE-based AHS Properties has announced that it has entered into a deal with Mismak Asset Management to acquire the 43-floor Shangri-La Hotel in Dubai for AED1.1 billion ($300 million) in one of the largest single-asset real estate transactions recorded in recent history. The 200-m property is located on Sheikh Zayed Road.

Diriyah unveils 1.9km main spine within mega Saudi development

Sun, 15 Mar 2026

Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has announced the launch of a 1.9-km-long main spine within its mega development in the kingdom's ancient city. The GrandAvenue will boast iconic landmarks, hotels, offices, retail spaces and residential units.