INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

India’s Taj Group eyes Gulf expansion, to build hotel in Makkah

Iconic Taj Mahal hotel in Mumbai, India
  • The luxury hotel chain has planned 15 new hotels in the next 10 years
  • This includes at least 5 new properties in Dubai and a new hotel in Makkah

India’s Taj Hotels is planning to expand operations in the Middle East in the next 10 years, Puneet Chhatwal, managing director and CEO of the Indian Hotels Company Ltd. was quoted as saying by local media.

Chhatwal said the luxury hotel chain planned 15 new hotels in the next 10 years, which include at least 5 new properties in Dubai and a new hotel in Makkah.

He added that all the new hotels which will be opened in the Middle East will carry the name Taj, as the hotel chain aims to emerge as South Asia’s most iconic hospitality company.

“In Dubai, our next hotel will be at the Deira Waterfront, and following that will be the next project, which is under development in the holy city of Makkah, he said.

“We are looking at several destinations in Saudi Arabia and in Doha, Qatar,” Chhatwal told local media.