AccorHotel buys Canada's FRHI, owners of Fairmont, Raffles, Swissotel
French hotel group AccorHotel
Paris - Arab Today
French hotel group AccorHotel said on Wednesday it had agreed to buy Canada's FRHI, owners of the Fairmont, Raffles and Swissotel luxury hotel groups, from its current Qatari and Saudi owners.
The acquisition, which covers 155 hotels and resorts, will make AccorHotel a world leader in luxury hotels, it said, adding that it would pay for FRHI with a mix of a capital increase and $840 million (768 million euros) in cash.
GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assaultGMT 12:03 2018 Tuesday ,23 January
Egypt military accuses presidential hopeful of crimes including forgeryGMT 11:41 2018 Tuesday ,23 January
UK regulator says Fox's Sky takeover 'not in public interest'GMT 11:38 2018 Tuesday ,23 January
South African jazz legend Hugh Masekela diesGMT 11:36 2018 Tuesday ,23 January
EU removes eight countries from tax haven listGMT 11:32 2018 Tuesday ,23 January
8.2 magnitude quake hits off Alaska: USGSGMT 11:28 2018 Tuesday ,23 January
Mattis calls for Turkish 'restraint' in SyriaGMT 03:43 2018 Tuesday ,23 January
Turkish soldier killed in Syria operation: army
- Tuesday ,23 January GMT 12:03 2018 Egypt military accuses presidential hopeful of crimes including forgery
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 05:06 2024 Tuesday ,06 February
New hunt for flight MH370 gets under way
GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assault
GMT 14:28 2017 Tuesday ,12 September
California man finds nude burglary suspect asleep in his bed
GMT 17:24 2017 Wednesday ,18 October
Fujairah Ruler offers condolences to family of martyr Badr
GMT 08:25 2017 Monday ,06 November
Mohamed considers new drama and cinema offers
GMT 21:02 2017 Monday ,20 March
SCZone studying to establish SME complexGMT 07:48 2011 Thursday ,15 September
S. Korea, Colombia to Jointly Develop Oil Fields
GMT 08:53 2016 Saturday ,26 November
Timeline of Fidel Castro's life whose death at 90
GMT 14:15 2017 Thursday ,23 February
Nike sports ad sparks controversy in Arab world
GMT 08:04 2017 Monday ,29 May
Amr Saad finishes filming his scenes in “Security Situation”
GMT 20:50 2017 Sunday ,14 May
Samar Yusri announces new season of her show “Me and I”
GMT 12:45 2017 Sunday ,05 February
Kenya's national cross country championship loses IAAF event status
GMT 07:44 2017 Sunday ,17 December
Ahmed Mortada denies negotiations
GMT 08:58 2017 Thursday ,23 November
A visionary electric hypercar
GMT 22:21 2017 Monday ,27 November
Here's how you can vote for your Miss Universe
GMT 15:08 2017 Wednesday ,13 December
Unmatched sacrifices of security forces to be remembered
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor