The demand for homes and offices in Dubai will continue to exceed supply in the coming years, a leading UAE-developer said, the latest to dismiss theories of a bubble in the emirate’s real estate market. Mehdi Amjad, president and chief executive of Omniyat Holdings and Omniyat Properties, said the imbalance between supply and demand in Dubai's buoyant real estate market is expected to continue well into the next decade. (Photo by Getty Images)
A few months after buying FRHI Hotels & Resorts from investors including Qatar Investment Authority and Kingdom Holding, AccorHotels CEO Sébastien Bazin denies the hotel management firm is growing too fast. In fact, he intends to pick up the pace – especially in the GCC.