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FINANCIAL NEWS
UAE- Bin Majid supports tourism industry with USD108.88m
09 May 2013
(MENAFN) Officials announced that USD108.88 million will be invested in four new hotels by Bin Majid Hotels and Resorts, with two based in Dubai, reported Gulf News.
A total of USD40.83 million will be spent on renewing the hotel chain and establishing a new hotel in Abu Dhabi.
The new hotel in Abu Dhabi will serve families, tourists, and even handicapped people.
The chain consists of a total of 7 hotels and serviced apartments.
Dalal Saadeddine, CEO, Bin Majid Hotels & Resorts, stated that these projects will support the tourism field in a huge way.
More News
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
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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