Ship-to-shore gantry cranes stand on the quayside at Khalifa Port, operated by Abu Dhabi Ports Co. (ADPC), on Thursday, April 26, 2012. The 417 square-kilometer (161 square mile) development, designed to become a hub for manufacturing, logistics and trade, will account for 15 percent of the emirate's non-oil economy within 20 years. (Bloomberg)
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.