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    <title>Saudi tourism law 'in final stages'</title>
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    <pubDate>Sun, 14 Mar 2010 12:16:49 +0400</pubDate>
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        Prince Sultan bin Salman, chairman of the Saudi Commission for Tourism and Antiquities (SCTA) has said that the kingdom's new tourism law is in its final stage and could be passed this year, Arab News has reported. "It is now being discussed at the Shoura Council," he said. 
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    <title>Meydan Group opens five-star trackside hotel</title>
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    <pubDate>Sat, 13 Mar 2010 11:34:40 +0400</pubDate>
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        UAE-based Meydan Group, the developer behind the luxury racing development; Meydan Grandstand and Racecourse, has announced the opening of the world's first five-star trackside hotel, The Meydan. The hotel offers 285 rooms and suites, 95% of which include balconies with unobstructed views of the racecourse. The new property also features three gourmet outlets including an all dining buffet restaurant, Japanese restaurant and Steakhouse, spa, gym, infinity rooftop pool, business centre, club lounge, and conferencing and meetings facilities.
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    <title>Elaf Group to open four Saudi hotels</title>
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    <pubDate>Thu, 11 Mar 2010 12:15:31 +0400</pubDate>
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        Saudi-based travel and hospitality firm, Elaf Group has announced that it will open four new hotels in the kingdom by 2012. The new properties aim to accommodate the steadily growing number of tourists in key travel destinations across Saudi Arabia, the company said.
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    <title>Union Properties in talks on sale of Ritz</title>
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    <pubDate>Wed, 10 Mar 2010 11:12:53 +0400</pubDate>
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        Union Properties has initiated talks with two foreign investors for the sale of its Ritz Carlton Hotel in Dubai, Emirates Business has reported, citing an industry source. Earlier in February, Union Properties said several investors were interested in the hotel, which it could sell if offered around $400m. The two foreign investors are from the USA and Qatar, the paper said. 
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    <title>Emaar still eyeing $600m Indonesian project</title>
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    <pubDate>Tue, 09 Mar 2010 13:41:57 +0400</pubDate>
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        Emaar Properties issued a statement today saying it has submitted an expression of interest to the Bali Tourism Development Corp. for a $600m tourism project in Lombok, Indonesia. The Dubai-based developer is awaiting response from the Indonesian authorities on the project, it said in the statement. Al Khaleej had reported yesterday Emaar abandoned plans to help develop the project with the Indonesian government, citing the Indonesian ambassador to the UAE Mohammad Supriyadi.  
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