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.

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