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FINANCIAL NEWS
Swissotel plans second opening in ME
16 Sep 2012
(MENAFN) Swissotel Hotels and Resorts unveiled plans to construct a second luxury property in the Middle East, as it seeks to benefit from the growing travel and tourism sector in the region, reported Arabian Business.
The group said it will build the Swissotel Jadaf Dubai in the emirate of Dubai, and is scheduled to open in 2016.
Swissotel is partnering with Aabar Properties, a real estate development, management and investment company on the project.
The planned 280-key hotel will be the second, after opening the first one in the holy city of Makkah.
The new hotel will be built in a mixed use development comprising three hotels, residences, serviced apartments, retail & entertainment facilities.
It will also feature an all-day dining restaurant, three speciality restaurants, a Purovel Spa and meeting, conference and ballroom facilities.”
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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