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Sunday, December 6 - 2009

Bawadi to actively support Arabian Hotel Investment Conference

  • United Arab Emirates: Wednesday, April 25 - 2007 at 12:36
  • PRESS RELEASE

Bawadi, a member of Tatweer, is a sponsor of the 3rd Arabian Hotel Investment Conference (AHIC), taking place in Dubai from 28-30 April.

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  • Arif Mubarak, Bawadi CEO.
    Arif Mubarak, Bawadi CEO.
Titled 'Global Aspirations: Exploring the Dynamics of the Middle East Hotel Investment Industry', AHIC is being held under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman of Emirates Group.

Bawadi's support of AHIC underscores its commitment towards regional events that aid the growth of the hospitality industry in Dubai, the UAE and the region.

Arif Mubarak, Bawadi CEO, said:

"We are delighted to lead an event that will generate a significant impact on the industry. AHIC will give us the opportunity to showcase our project, meet industry leaders, potential investors and developers, provide networking opportunities and add value to the industry by sharing knowledge and experience."


"Industry leaders will also have a first hand experience of the Bawadi model, a unique project that will soon be a reality as the busiest hospitality destination in our part of the world."

Bawadi is considered as one of the significant, strategic projects in Dubai and the region. Therefore, it was mentioned in the speech of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai, during the Dubai Strategy 2007-2015 presentation.

One of the largest hospitality developments in the world with nearly AED 100 billion earmarked for mega projects, Bawadi will boast the largest hotel in the world - the 6,500 room Asia Asia. It will also provide more than 29,000 rooms to the Dubai market by the year 2015, and will have more than 100 entertainment shows and 1,500 restaurants.

The iconic developments have already signed up with several investors including Ottoman Palace Hotel and Resort - Golden Leaves Hotels and Resorts Ltd; Al Maghreb Resort and Spa - Al Ghurair Investment; America Hotel and Resort - Zabeel Investments; Palaces Hotel and Resort - Galadari Investments, and Holly Bolly Hotel and Resort - Plantation Holdings.
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Notes and media contacts

About Bawadi

Launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, in May 2006, Bawadi is the world's largest hospitality and leisure development. The AED100 billion project will feature 31 luxury hotels, including Asia Asia - with 6,500 rooms. In total Bawadi will offer 29,200 rooms.

About Tatweer:
Launched in December 2005 Tatweer is one the region's most promising enterprises and a Member of Dubai Holding. It owns nine market-leading companies and managing an ambitious business development plan.

Its current portfolio is divided into Energy & Healthcare, Tourism & Entertainment, Industry & Knowledge. Its entities are Dubai Healthcare City, the region's hub for world-class quality healthcare services; Mizin, one of the most advanced real estate companies in the region; "The Tiger Woods - Dubai" an exclusive golf community that will include a Tiger Woods designed Golf Course; Dubailand, one of the biggest leisure, entertainment and tourism destinations in the Middle East region; Dubai Industrial City, an industrial township to develop Dubai as a leading manufacturing hub; Bawadi, the world's leading hospitality and entertainment project bringing 31 hotels and more than 29,000 hotel rooms; Dubai Energy, investing in regional and global energy opportunities and building a diversified investment portfolio; Dubai Mercantile Exchange, the first commodity futures exchange in the Middle East; Global Village, which brings together 160 different countries showcasing myriad cultures; and Moutamarat, the first Arab initiative organizing research-based conferences and exhibitions.

A Member of Dubai Holding, Tatweer and its entities will continue to consolidate a group of life-improving industries. In addition, it has pioneered the market with joint venture initiatives with leading companies such as the New York Mercantile Exchange or the Saudi Research and Publishing Company.

Tatweer will continuously strive for world-class performance implementing leadership development to drive and sustain business excellence, quality and high performance.

For Further Information:

Agency:
Tarek Sakik
Senior Account Manager
Jiwin the Public Relations Arm
Of Dubai Press Club
Phone: +971-4-3613593

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