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

Dubai Holding boasts robust financials in the First Half of 2019

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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


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