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FINANCIAL NEWS
Hilton plans to open second hotel in Iraq’s Kurdistan
25 Jul 2012
(MENAFN) Hilton Worldwide signed a deal with Mihtab Group to develop its second hotel in Erbil, Iraq’s Kurdistan region, Arabian Business reported.
The company said it seeks to benefit from the growing demand for leisure and business in Kurdistan.
The 300-room Hilton Erbil Hotel & Spa is expected to be completed in 2016, the hotel operator added.
Hilton’s move forms part of a growing number of US hotel operators and developers looking to benefit from businesses expansion and an eventual pickup in leisure travel to the region.
Hilton, which is currently developing a 200-room Hilton DoubleTree Suites in Erbil, is increasing the number of properties in the Middle East to tap into the growing demand for business travel and tourism in the region.
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BBK discloses its financial results for the half year ended 30th June 2025
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
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02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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