Dubai and its man-made, offshore Palm islands are to be introduced to the Portuguese market in two events being staged this week and next in the capital, Lisbon, and the country’s second city, Porto.
The two exhibitions have been organized by IFA Hotels & Resorts, a subsidiary of International Financial Advisors Kuwait (IFA), and are being supported by Palm developers Nakheel.
Press conferences in both Lisbon and Porto will focus on IFA Hotels & Resorts’ own luxury projects on one of the islands, Palm-Jumeirah, as well as the Palm Island development and the growth of Dubai as an investment and tourist destination.
IFA Hotels & Resorts is a lead investor in the Palm-Jumeirah. Its projects on the man-made island cover a sizeable area of the ‘trunk’ and will offer just over 1,200 rooms on the beach, 450 apartments and 60 boutique shops.
The decision to promote Dubai and the Palm project within Portugal follows a visit to the country earlier this year by the Chairman and Managing Director of International Financial Advisors, Kuwait, Jassim M Al-Bahar, who is also Chairman and CEO of United Investments Portugal, the owning company of the Sheraton Algarve Hotel & Pine Cliffs Resort. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
