Travco is developing three hotels on Fujairah's Al Aqah beach, in a resort akin to Dubai's Madinat Jumeirah, explained Bushra. The complex, to be known as Royal Miramar, will be built in three phases at a total cost of nearly Dh600 million. The development will be completed at the beginning of 2008. Travco is also investing Dh250 million to develop a project on the Dubai Waterfront, as well as developing two other hotels on the Palm Jumeirah. These hotels will be owned and managed by Iberotel, a luxury hotel brand with a strong presence across the Middle East, and which is wholly owned by TUI, Europe's largest travel operator. Travco has strong representation in Egypt, with 30 companies operating there, along with 40 hotels and 20 ships, said Bushra.
Sheikh Mohamed said solving the challenges facing the planet requires a shared vision
Williamson hit 104 off 205 balls in his 29th Test century with 11 fours
The draw for the $1,000,000 grand prize is set to take place live on December 2
Final offer price at Dh1.85 values company at Dh4.6 billion