Nakheel Hotels is formed
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Nakheel Hotels is formed

Nakheel Hotels is formed

Nakheel Hotels is the new name for Istithmar Hotels after Dubai World consolidated its hotel business under one banner to create a fully integrated hotel investment company. The merger is part of an internal restructure within the Dubai World group whereby the real estate business of Istithmar is being joined with Nakheel. The merged entity will remain a wholly owned subsidiary of the Dubai World group.

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    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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