Jun 22 2009 |
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Al-Futtaim's appointment of IHG to manage Al Badia Golf Club consistent with group's long-term strategy
Dubai, June 22, 2009: Al-Futtaim today re-affirmed its satisfaction on the selection of InterContinental Hotels Group (IHG) as managers and operators of the multi-million dirham Al Badia Golf Club at the award-winning Dubai Festival City .
The extending of existing strategic relationships with IHG which already manages three iconic properties in Dubai Festival City is seen as consistent with Al-Futtaim 's objectives and those of Dubai Festival City , globally acknowledged as one of the finest mixed use developments in the region.
The hospitality giants will assume management of Al Badia Golf Club from 1 July 2009. IHG has already laid out programmes to enhance the guest experience and service by integrating Al Badia Golf Club with its celebrated creek side icons; the InterContinental Dubai Festival City, the Crowne Plaza Dubai Festival City and the InterContinental Residence Suites.
AFGRE is a key division of Al-Futtaim and is responsible for the development and management of the group's real estate businesses across the MENA region. AFGRE is responsible for the conception, procurement and construction of a number of mega projects including the flagship Dubai Festival City and Cairo Festival City.
The 7,303-yard Robert Trent Jones II designed Al Badia golf course and the superbly conceptualised clubhouse is internationally recognised as among the finest PGA standard golf venues which has become integral to Dubai's rich golfing traditions.
-Ends-
About
Al-Futtaim
:
Established in the 1930s,
Al-Futtaim
initially operated as a trading company. Rapid development throughout the 1940s and 1950s saw the company establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself as one of the leading businesses in the lower Gulf region. Headquartered in Dubai, United Arab Emirates,
Al-Futtaim
is structured into seven operational divisions; Automotive, Engineering, Electronics & Technology, Retail, Financial Services, General Services, Real Estate and Joint Ventures. Today,
Al-Futtaim
operates through more than 65 companies in sectors as diverse as commerce, industry and services, and employs in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Saudi Arabia, Sri Lanka, Syria, Morocco, Pakistan, Singapore and Europe. The majority of businesses, built on a portfolio of world leading brands, dominate their sector. The success of
Al-Futtaim
is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility.
About
Al-Futtaim
Group Real Estate:
AFGRE, a key division of
Al-Futtaim
Group based in Dubai, is responsible for the development and operations of the Group's real estate businesses across the MENA region. AFGRE is responsible for the conception, development, procurement and construction of a number of mega projects as well as the leasing and operation of these projects after completion. The two current flagship mixed use developments under the Festival City brand name are: Dubai Festival City is a 5.2 million sq m premier waterfront mixed-use urban community. Spanning 1,300 acres and stretching three kilometres along Dubai Creek,
Dubai Festival City
offers a rich and vibrant living experience that encompasses the finest and easily accessible shopping, dining, entertainment, homes, schools, hotels, offices and leisure all in one place. Spanning 3 million square metres Cairo Festival City is a visionary mixed use urban community strategically located just 15 minutes from Cairo International Airport. Cairo Festival City features Egypt's first indoor-outdoor retail and entertainment resort combined with luxury residential communities, prime office spaces, internationally renowned hotels, schools and an automotive park all set within a lush landscaped environment.
For More Information Please Contact:
David D'Souza
Director - Public Relations
GMASCO Marketing Communications
(An
Al-Futtaim
group company)
PO Box: 5830 - Dubai
Tel: +971 4 2282101
Fax: +971 4 2279801
Email: David.DSouza@gmasco.com
© Press Release 2009
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