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FINANCIAL NEWS
HMH scraps 3 hotel projects in Dubai
18 Feb 2010
(MENAFN) Hospitality Management Holdings (HMH) said in a statement that it has decided to cancel three of its Dubai hotel projects, but declined to give reasons for the decision, Hotelier Middle East reported.
According to statement, the Corp Business Bay, Coral International Deira and Coral Boutique Bur Dubai are no longer going ahead.
The Dubai-based company also confirmed that two other hotels in its upcoming property pipeline were on hold; Ecos Dubailand and Ecos Fujairah, the website reported.
There are also delays at two other UAE hotels; Coral International Abu Dhabi and Coral Al Mjaz Tower Sharjah. HMH confirmed the cancellations and delays but declined to comment on the reasons.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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