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Vida Beach Resort Marassi Al Bahrain - a major property from Emaar in the kingdom featuring a total of 157 rooms and 141 serviced residences - has been named National Winner for Mena in Hotel Project category at this year’s Meed Projects Awards.
Total value of GCC contracts awarded in Q2 surged by 11.7% to $22.8 billion, driven by regional heavyweight Saudi Arabia - which accounted for 77% (worth $16.5 billion) - and Oman that more than offset a dip in awards in Kuwait, Bahrain, Qatar and UAE.