Business | Tourism
Bin Salem plans Dh650m luxury hotel in Abu Dhabi
Bin Salem Holding, an Abu Dhabi-based conglomerate, said it will roll out a Dh650 million luxury hotel in the capital.
- Staff Report
- Published: 00:29 March 14, 2008
Dubai: Bin Salem Holding, an Abu Dhabi-based conglomerate, said it will roll out a Dh650 million luxury hotel in the capital.
Salem Bin Mohammad Bin Salem Al Daheri, chairman of Bin Salem Holding along with Singapore Minister of State for Trade and Industry, Li Yi Shyan, on Wednesday led the ground-breaking ceremony of the Grand Corniche Hotel in Abu Dhabi.
Surbana is the architectural and consulting firm for the project owned by Bin Salem. The project's management contract has been awarded to Jacobs International Holdings.
The 35-storey architectural landmark will house an array of luxurious offerings such as a five-star hotel with 308 rooms, 125 suites, 140 furnished serviced apartments, boutique retail podium, business centre, a spa and health club, swimming pool and restaurants.
The project estimated to cost Dh650 million is scheduled to be completed by end-2009. It spans over 4,800 square-metres and will have four basements.
Business Editor's choice
-
‘Wrong Way' Krugman
The source of our economic malfunction lies with government-mandated bank regulations
-
Greek exit could make Eurozone stronger
Departure will show limits of bailouts and allow remaining members to act much more like a unit
-
UAE upholds values of free trade
Recently released statistics confirm an established fact, namely that of the UAE embracing the free trade principle in general and imports in particular
