Thursday, July 7, 2011

Bawadi to be home to 5 Star Ottoman Palace Hotel and Resort: Mohammed Al Amoudi

MONDAY, JANUARY 22, 2007
ON THIS DAY:

Bawadi to be home to 5 Star Ottoman Palace Hotel and Resort

Al Amoudi today signed an agreement with Bawadi, a member of Tatweer, to create the Ottoman Palace Hotel and Resort.

The development will provide world class offerings replicating the 16th and 17th century era at the AED 100 billion hospitality and tourism boulevard.

The agreement confirming the partnership was signed between Saeed Al Muntafiq, Chief Executive Officer of Tatweer and Sheikh Mohammed Al Amoudi, Chairman of Golden Leaves Hotels and Resorts Ltd at the Bawadi offices in Emirates Towers.

Al Amoudi owns a wide ranging business portfolio, notable amongst which are oil refineries in Sweden and Morocco, gold mine, agriculture projects, in addition to industrial projects. He is also the founder and Chairman of MIDROC Ethiopia Group, which owns major diversified business sectors in Ethiopia. His hotels portfolio includes properties in Ethiopia, Uganda, Djibouti, Morocco, Saudi Arabia, Europe and Yemen where two new hotels are under construction.

Saeed Al Muntafiq, CEO of Tatweer, said: 'Sheikh Mohammed Al Amoudi represents the best of private sector entrepreneurship and is proof of much of what is happening in African development.
'With the alliance of industry leaders in the hospitality sector, Bawadi will considerably enhance Dubai's global positioning as the world's leading tourism destination.'

Sheikh Mohammed Al Amoudi said: 'Dubai has firmly established itself in the world economic community. The high profile projects that Tatweer represents convinced us of Bawadi's extraordinary vision for the region. We look forward to developing the Ottoman Palace Hotel and Resort as a must visit resort within Dubai.'

A 5 star hotel, Ottoman Palace Hotel and Resort will be a model of the life and times of the 16th and 17th centuries. Replicating the Ottoman era, the resort will include inimitable hospitality offerings from speciality Turkish baths. Enhancing the exclusive thematic experience of the 600 room resort will be world class traditional performances mirroring the best of the period.

Bawadi will represent the largest concentration of leading hotels in the world on a 10 km boulevard, including the largest hotel in the world, Asia Asia.Source

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