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FINANCIAL NEWS
Dubai’s Jumeirah selected to manage Moscow’s Tsarev Sad: Paper
01 Sep 2012
(MENAFN) Dubai’s Jumeirah Group has been awarded a contract to run the Tsarev Sad apartment hotel near the Moscow Kremlin, local media reported.
Jumeirah, which owns and operates Burj Al Arab hotel in Dubai, will manage the hotel which is part of a major construction project in the capital, Russian newspaper Vedomosti said.
The multifunctional complex started in the late 1990s but has previously been shelved by funding problems.
Jumeirah Restaurants, a division of the hotel group, last year said it has signed a license agreement with Ingeo Limited to open eight restaurants in Moscow.
Jumeirah currently runs properties in Abu Dhabi, Dubai, Frankfurt, Istanbul, London, Maldives, Mallorca, Rome and Shanghai.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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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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