Africa News Dubai Holding boasts robust financials in the First Half...

Dubai Holding boasts robust financials in the First Half of 2019


- Advertisment -

Dubai Holding, a diversified global company with a presence in over 10 countries, today announced its operational performance for the first half of 2019. Since its inception 15 years ago, the organisation, which operates in 12 business sectors, has been instrumental in developing Dubai’s economy and supporting the Emirate’s diversification and growth.

Dubai Holding unveiled the second and third phases of its popular Madinat Jumeirah Living project, a 3.85 million square feet residential development overlooking Burj Al Arab Jumeirah, while D-Marin Dubai, the joint venture established between Meraas, Dubai Holding and D-Marin, one of the largest marina chains in the Eastern Mediterranean, commenced operations and now manages Marasi Business Bay and Jaddaf Waterfront marinas in Dubai.

During the first half of 2019, Jumeirah Group maintained its status as Dubai’s premium hospitality company and was recognised as ‘Best Employer’ for the Middle East as well as the UAE’s ‘Best Hospitality Brand’ by YouGov BrandIndex. With above market occupancy rates across its properties, Jumeirah Hotels and Resorts continued its expansion with the opening of a number of hotels, including Jumeirah at Saadiyat Island Resort and Jumeirah Al Wathba Desert Resort & Spa (both in Abu Dhabi), as well as Jumeirah Guangzhou (China). The company also announced a major refurbishment of its London flagship hotel, Jumeirah Carlton Tower, located in the heart of London’s fashionable Knightsbridge.

Burj Al Arab Jumeirah

Burj Al Arab Jumeirah

More from NEWS

Richemont to host experiential pop-up (Arcadium) at Hudson Yards in New York

ARCADIUM is an experiential pop-up which will bring immersive tech activities, such as augmented reality and virtual reality experiences, to …

In 2018, Americans spent more than $5 billion on high-end skincare

The maskification of American skin care has happened during an unprecedented boom for the face-goop industry as a whole, both …

Moschino owner, Aeffe Group posts 35.1 percent increase in nine months profit

In the first nine months, Aeffe SpA recorded a 35.1 percent increase in profits. Earnings during the period under review …


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

The West End adaptation of The Kite Runner is coming to Dubai Opera

The stage adaptation of The Kite Runner is coming to Dubai Opera.  Based on Khaled Hosseini’s international bestselling novel, this...

MiG Corporation Negotiated With Potential Buyers of Export Version of MiG-35 at Dubai Airshow-2019

DUBAI, UAE, Nov. 21, 2019 /PRNewswire/ — As a part of the joint exposition of PJSC UAC, MiG Corporation...

West End adaptation of The Kite Runner to debut at Dubai Opera….

West End adaptation of The Kite Runner to debut at Dubai OperaBroadway Entertainment Group and Dubai Opera to host...

Community & Welfare8 mins ago Sharjah Baby Friendly Office Creates Guinness World Record

The Sharjah Baby Friendly Office (SBFO) broke a Guinness World Records (GWR) title for ‘Most people in a photo...

Dubai launches blockchain policy

Dubai will also be publishing a report on its future blockchain landscape The Dubai Future Council for Blockchain Dubai...

Dubai Culture forms an Advisory Committee for Performing Arts

Dubai Culture and Arts Authority announces the formation of a specialised advisory committee for the performing arts industry in...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you