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Top 10 GCC Cities ●●● and Real Estate Leaders Achievements 2011
    • Yearl Membership

    • Business and finance group launches Top 10 GCC Cities project about real estate leadership and achievements. The launch of this media and economic project comes to cover
    • Economic Accomplishments

    • This event is regarded as the first joint economic Gulf grouping between the performances of the secretariats and municipals of the Top 10 GCC Cities.t
    • Letters of the Strategic Support

    • Letter of Ministry of Municipal and Rural Affairs Letter of Jeddah Municipality Letter of Jeddah Municipality 2 Letter of Holy Capital Letter of Eastern Province Municipality
    • Program Features and Activities

    • This program is the first and largest specialized event which highlights the main accomplishments and those being implemented in the top (10) ten GCC Cities
    • Unlimited Investments

    • The Board of Directors of the Business and Finance Group expresses to you its regards and wish you further progress and prosperity, and we are pleased
    • Registeration Application

    • The Business & Finance Group is pleased to invite you to participate in the Forum & Ceremony of Real Estate Leaderships and Accomplishments of GCC Cities under the sponsorship of Jeddah
    • Electronic Information Center

    • Info ME Information Center electronic specialist section in queries with regard to electronic companies, sectors and information about companies, you can ask a question and be
    • Program of Advertising Participant

    • The Group has allocated an extensive media coverage for all the audio, visual and text media in order to deliver the information needed locally, regionally and internationally
    • Sponsorship Category

    • includes the publishing of (10) issues, where an issue is published each month for each a city participating in this event, as per the rank of each Gulf city in this letter, and the issues are published monthly by the Business & Finance Club Magazine, which is one of the Group’s media activities
   
 

Rotana to open three hotels in Abu Dhabi

Business & Finance Club Magazine - Tourism - Abu Dhabi : Hotel management company Rotana will add 800 hotel rooms across three new properties in Abu Dhabi’s Capital Centre development "currently under construction" adjacent to the Abu Dhabi National Exhibition Centre.

Two of them will be opened next year and the third one in 2012, the Abu Dhabi National Exhibitions Company, or Adnec, said in a Press release here on Saturday.

Capital Centre Rotana, a four-star, 300-room hotel, and Centro Capital Centre, a 300-room budget hotel, will be opened in 2011, the release said, quoting Rotana President and Chief Operating Officer Selim El Zyr.

These will be followed by the opening of Capital Centre Arjaan in 2012, a four-star, 200-room hotel apartment complex, he disclosed.

Construction at Capital Centre Rotana and Centro Capital Centre is already underway, while work on Capital Centre Arjaan is expected to commence shortly, the release said.

The projects are being developed by Adnec along with private investors, a Rotana spokesperson said in response to questions from Masdr.

Currently, Rotana manages a portfolio of over 70 properties across 26 cities in the Middle East and North Africa, or MENA, region. The company’s strategic aim is to have a property located in every key city in the region in the coming years, he said.

Adnec’s Dh8 billion Capital Centre development will feature 23 residential, commercial and mixed-use towers adjacent to the exhibition centre. The exhibition centre hosted 119 events in 2009, an eight-fold increase over 2005 when 14 events took place during the year, the release said. Officials of both Rotana and Adnec expressed confidence about business prospects of these new hotels despite the current slowdown in the hospitality industry in the UAE.

“In 2009 we experienced reductions across all markets, which was in line with the overall world economic turndown. This has affected our industry in general. However, look at Dubai today and the high occupancies that the hotels are running at,” the spokesperson said.

 

 
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