Swiss-Belboutique Masaki Dar es Salaam is set to offer 72 elegantly appointed rooms and suites, along with upscale facilities such as two restaurants, a chic bar, a spa, a swimming pool, and versatile conference spaces.
The funding round was spearheaded by a leading Saudi-based family office and DLL, a German family office, with additional backing from strategic angel investors.
The project represents Minor Hotels’ second branded residential development in the UAE, building on the success of its first venture at Palm Jumeirah, Dubai.
Somaliland’s hospitality sector is witnessing rising investment, fueled by the region’s expanding trade, tourism growth, and broader economic development.
Mercon Development Chairman Ahmed Embaby announced that Riverton will cover 25 acres, featuring a mix of residential, commercial, and hospitality offerings tailored to meet diverse market needs.
With ongoing development, Wadi Bani Khalid is anticipated to experience higher tourism revenues, greater urbanisation, and improved community wellbeing driven by these projects.
Situated alongside the Sheraton Al Marjan Island Resort, the beachfront residences will comprise 141 luxury units, combining Marriott’s renowned hospitality standards with Atara’s development expertise to deliver a premium coastal living experience.
The funding round was spearheaded by venture capital firm Headline, with notable participation from True, Simon Capital, and returning backer Souschef Ventures.
Dining at Mercure Abu Dhabi Downtown combines regional and international flavors. Mokaia, the café and lounge, provides a casual atmosphere ideal for enjoying fresh coffee and pastries, meeting with friends, or working remotely.
Harajuku Tokyo Café seeks to reshape casual dining by delivering authentic Japanese-inspired cuisine in a quick, convenient format designed to meet the evolving preferences of Indian consumers.