Middle East
6 articles
IHG expands luxury brands across Saudi Arabia targeting 2028
By 2028, IHG Hotels & Resorts will introduce all six of its Luxury & Lifestyle brands to Saudi Arabia.
US Navy Resumes Hormuz Escorts Amid Growing Ship Congestion
Khor Fakkan, a pivotal port near the Strait of Hormuz, has endured 100% congestion for over 10 days.
Luxury brands face Middle East conflict strategy challenges
Sales at Dubai's Mall of the Emirates plummeted by 30-50% in March.
Middle East luxury sales drop amid geopolitical turmoil
LVMH's Fashion & Leather Goods business segment, a historical powerhouse, recorded its first year-on-year decline in the first quarter, dropping 9% amidst Middle East geopolitical tensions.
Middle East luxury brand sales plummet amid airport shopping decline
Traffic at the opulent Dubai Mall plummeted by approximately 50% in March, signaling a sharp decline in luxury spending across the Middle East, according to Whbl .
Regional tensions send luxury brand sales tumbling in UAE
In March 2026, sales at Dubai's Mall of the Emirates plummeted by 30% to 50% compared to last year, a stark indicator of how quickly regional tensions, including the Iran conflict, are reshaping globa