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FINANCIAL NEWS
Dubai’s Time Hotels secures 6 contracts in UAE
01 Mar 2012
(MENAFN) Time Hotels Management’s area vice president, Mohammad Awadalla, said that the company was able to secure 6 management deals for hotel properties in the UAE, reported Gulf News.
Awadalla added that the new hospitality firm inked contracts for 2 hotels; Time Oak Hotel and Suites in Al Barsha, and Time Grand Plaza Hotel in Al Qusais, in addition to 4 hotel apartments; the Opal, Topaz and Crystal Hotel Apartments in Dubai, and the Ruby Hotel Apartments in Sharjah.
He also said that the company would be looking to enhance efficiency and lift up quality standards wherever possible, putting guests first.
It is worth noting that the Dubai-based firm is owned by Gulf General Investment Company (GGICO), a public shareholding company and Investment Group Private Ltd (IGPL), and estimates a turnover of around USD27 million during the current financial year.
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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