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FINANCIAL NEWS
Abu Dhabi’s Tasweek to manage Malaysia’s top properties
26 Sep 2012
(MENAFN) Abu Dhabi-based Tasweek Real Estate Development and Marketing inked a deal with Casabrina Vacation Villas in Malaysia to manage luxury resort’s properties, Emirates 24/7 reported.
The agreement is part of Tasweek’s USD250 million property investment in Malaysia, as the company seeks to tap Malaysia’s booming tourism industry.
Under the deal, Tasweek will market nine boutique Villa hotels under a Shariah-compliant scheme.
Tasweek will also offer special promotion packages to GCC tourists for the top facilities and amenities of Casabrina Vacation Villas project.
The project will feature 11 exclusive 6- and 8-bedroom suites nested at the foothills of Bukit Frasier in Pahang, the largest state in West Malaysia.
Tasweek expects five or seven percent turnover annually from its recent USD250 million property portfolio.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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