Al Fahim Group acquires 30 per cent equity interest in the Big Bus Company

Al Fahim has appointed two directors to the Big Bus board, Mr. Rashed Al Fahim and Mr. Peter Beynon.

The Big Bus Company operates sightseeing and tourist open top double deck bus services in major urban conurbations in the Middle East and the UK. The Big Bus Company started its services in London in 1991 and set up similar services in Dubai in 2002; preparations are well underway to commence operations in Hong Kong later this year. The existing service tours take in all major sight seeing locations and events during which tourists may listen to a live English commentary or foreign language recordings made available on the bus. In 2004 The Big Bus Company earned the prestigious award of 'Sightseeing Tour of the Year' from Visit London.

"We are delighted to be able to offer our tour in 8 different languages; it will open up the experience to the increasing number of different nationalities who are making Dubai their holiday destination," informed St. John Cooper, General Manager of the Big Bus Company Dubai.

By joining with Al Fahim in a strategic partnership, the Big Bus Company will increase the pace of the internationalisation and geographical coverage of its unique tourist and travel brand. In addition, the Group will explore the expansion of its services to passenger bus operations in selected cities.

Al Fahim's existing interests already embrace travel and tourism and the automotive industry which clearly align with the Big Bus Company. The Al Fahim international contacts, strategic real estate holding and financial strength will enhance the ability of Big Bus to meet it's long term aspirations.

"This new venture is consistent with the Al Fahim vision to provide quality services and products while serving the community at large. Al Fahim strives to embrace new ideas and eagerly seeks ways to build brands and build on existing successes," concluded Peter Beynon.