Aldar acquires DoubleTree by Hilton Resort on Al-Marjan Island

Completed in 2014 and expanded further in 2016, DoubleTree by Hilton Al-Marjan Island is a 724 key 5-star resort under a management agreement with Hilton.
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Updated 31 July 2022
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Aldar acquires DoubleTree by Hilton Resort on Al-Marjan Island

Aldar Properties PJSC, through its Aldar Investment business, has added scale to its diverse and growing hospitality and leisure portfolio with the acquisition of the beachfront resort, DoubleTree by Hilton Resort and Spa Marjan Island, and an adjacent beachfront development plot for a total consideration of 810 million dirhams ($220.5 million).
The acquisition adds considerable weight to the company’s hospitality and leisure portfolio, which now has a total of more than 4,250 keys, and brings Aldar’s total investment in Ras Al-Khaimah to 2 billion dirhams, complementing the recent acquisitions of Al-Hamra Mall and Rixos Bab Al-Bahr.
Jassem Busaibe, chief executive at Aldar Investment, said: “The mature nature of this five-star asset complements our existing suite of properties in Ras Al-Khaimah, which continues to represent a robust hospitality and tourism market with strong growth potential in line with the emirate’s aim to attract 3 million visitors annually by 2025.

HIGHLIGHT

The acquisition adds considerable weight to the company’s hospitality and leisure portfolio, which now has a total of more than 4,250 keys, and brings Aldar’s total investment in Ras Al-Khaimah to 2 billion dirhams.

“The transaction not only affirms our commitment to the market, but it also adds depth and scale to our reach given the asset’s complementary value proposition, development potential, and target clientele. While the acquisition is both value and yield accretive, we still see room for additional upside by leveraging our scale and deploying our asset management capabilities effectively as we continue to grow and transform our platform at an accelerated pace.”
The property, which benefits from above-market average occupancy levels, is located on the first section of Al-Marjan Island, a growing tourism hub and staycation destination in Ras Al-Khaimah. The market continues to exhibit strong tourism growth potential, particularly in light of the progressive measures that the emirate continues to implement as part of a wider and concerted effort to advance its tourism agenda.
Jahed Rahman, chief investment officer at Aldar Investment and chairman of Aldar Hotels and Hospitality, said: “Through this investment, we have not only bolstered our portfolio of recurring income-generating assets but also positioned Aldar to capture a greater share of the growing Ras Al-Khaimah market through additional development rights at the destination. The acquisition adds to the significant investment already made in our recurring income business this year and we continue to assess and pursue opportunities to deploy further capital as we ramp up the execution of our growth strategy and drive value across our platform.”
Completed in 2014 and expanded further in 2016, DoubleTree by Hilton Al-Marjan Island is a 724 key 5-star resort under a management agreement with Hilton. The resort features a GFA of 67,000 square meters and its amenities include eight restaurants, one nightclub, male and female spas, eight pools, a kids’ club and aqua park, a private beach, a gym, one ballroom, three meeting rooms and ample parking area across a total GFA of more than 234,000 square meters.


Cyberani achieves major milestone in 2025 MITRE ATT&CK evaluation

Updated 23 December 2025
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Cyberani achieves major milestone in 2025 MITRE ATT&CK evaluation

Cyberani by Aramco Digital, a leading provider of cybersecurity services and solutions, announced a significant achievement in the 2025 MITRE ATT&CK evaluations. The company successfully passed all assigned cybersecurity assessments and scored exceptional marks in detecting seven core attack tactics within the MITRE ATT&CK framework. These include 100 percent in collection tactics, 100 percent in credential access, 100 percent execution of code, 100 percent of data exfiltration, 100 percent lateral movement tactics, 100 percent of persistence activities, and 100 percent recon activities. This accomplishment reflects Cyberani’s strong capabilities in safeguarding the national cyberspace and enhancing its security posture, while reinforcing its position in the global cybersecurity field and demonstrating the advancement of its innovations on an international scale.

Alongside its technical performance in the evaluation, Cyberani was granted a seat on the ATT&CK Evals Participant Advisory Council. This position enables the company to contribute to the development and refinement of future evaluation methodologies, support better alignment between ATT&CK assessments and the needs of regional and global defense ecosystems, and strengthen Saudi Arabia’s role in shaping the future of cybersecurity worldwide.

The MITRE ATT&CK evaluation is an advanced technical assessment designed to simulate real adversary behavior and measure how cybersecurity solutions and threat detection services respond to the tactics, techniques, and procedures used in actual attacks. Through its participation, Cyberani aligned its threat detection capabilities with the ATT&CK framework widely adopted across the global cybersecurity community, providing measurable and transparent insights into system performance under complex and realistic attack scenarios.

Headquartered in Riyadh, Cyberani leverages extensive hands-on experience in protecting industrial environments and critical infrastructure. This expertise enables the company to bring national operational realities into a broader ATT&CK context and support the global community in deepening its understanding of threat detection performance across diverse operating environments.

During the 2025 evaluation, Cyberani’s threat detection capabilities and security monitoring services were tested against a wide range of ATT&CK techniques. The results provided a detailed view of how its detection systems responded to every phase of simulated attack chains, offering clear visibility into coverage areas performing as intended and identifying opportunities for further tuning and enhancement. These insights now fuel Cyberani’s cybersecurity development roadmap and support its ongoing improvement efforts.

Saeed Alsaeed, CEO of Cyberani, said that Cyberani’s participation in the MITRE ATT&CK evaluations and the results achieved in its threat detection capabilities provided the company with a structured and transparent understanding of its performance across complex attack scenarios and enabled it to implement more precise enhancements.

This milestone aligns with Cyberani’s strategy to safeguard regional infrastructure with advanced cyber solutions, fueled by innovation and empowered by world-class Saudi talent.