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The CEO of OLX Autos in Indonesia since August 2019 is Johnny Widodo. [17] OLX Cashmycar, a joint venture between Frontier Cars Group (FCG) and OLX in India, was announced in November 2018. [18] [19] This was offline expansion of OLX online platform. [20] OLX Cashmycar launched its 50th store in February 2019. [21]
In April 2020, Bayut's parent company and the Netherlands-based OLX Group announced the merger of their operations in the UAE, Egypt, Lebanon, Saudi Arabia, Kuwait, Qatar, Bahrain, Pakistan, and Oman, together with the OLX-owned Dubai-based classifieds website, Dubizzle. [3] [4]
The Dubai Islands currently have three hotels in operation, which represent the most significant development on the islands so far. The 800-key Hotel RIU Dubai opened on December 10, 2020, [ 7 ] followed by the 607-key Centara Mirage Beach Resort Dubai on October 14, 2021 [ 8 ] and the 159-key Park Regis by Prince Dubai Islands on March 2, 2024.
Palazzo Versace Dubai is a hotel and resort completed in Culture Village on the foreshore of Dubai Creek in Dubai, United Arab Emirates. In 2024, the resort's owner Emirates PVD went through financial troubles. Palazzo Versace Dubai was put up for an online auction sale on the Emirates Auction website for nearly $380 million (AED1.4 billion). [2]
The Burj Al Arab (Arabic: برج العرب, lit. ' Arab Tower ') is a luxury hotel in Dubai, United Arab Emirates. [8] Developed and managed by Jumeirah, it is one of the tallest hotels in the world, although 39% of its total height is made up of non-occupiable space.
Atlantis, The Palm is a luxury hotel resort located at the apex of the Palm Jumeirah in the United Arab Emirates.It was the first resort to be built on the island and is themed on the myth of Atlantis [6] but includes distinct Arabian elements.
However, the 2007–2008 financial crisis had a severe impact on Dubai's economy. House prices in the Desert Sheikh fell an incredible 40% in the first three months of 2009, outpacing the fall anywhere else in the world after the investment bubble burst. [4] The crisis led to a decrease in demand for property in Dubai, causing property prices ...
The Shangri-La Hotel is a 43-floor hotel tower in Dubai, United Arab Emirates. [1] The tower has a total structural height of 200 m. Construction of the Shangri-La Hotel was completed in July, 2003. It was built by South African construction firm Murray and Roberts, now renamed Concor.