Log in

Login to your account

Username *
Password *
Remember Me
Login With Facebook

Abu Dhabi Investment House Launches $300mm Hospitality Development Fund

ImageThe Abu Dhabi Investment House (ADIH) launched a $300 million Hospitality Development Fund (HDF), which will invest mainly in projects in the Middle East, North Africa, and Asia.   ADIH said in a statement the minimum projected IRR for the fund is 20 per cent.  Middle East Gulf Finance Bank and Ithmar bank are among the fund advisors for HDF. 

Managing Director of ADIH said “HDF will cater mainly to investors who are looking to diversify their investment portfolios by adding Sharia compliant hospitality related products to their current basket of investments.”  Rashad Y. Janahi said the fund will invest mainly in airlines, tourism, accommodation, food services and leisure and other sub sectors of the hospitality industry. 
 

Special Offers

5-star hotel in Istanbul for only Euro 37 per night

5-star hotel in Istanbul for only Euro 37 per nightByotell is a modern luxury 5-star hotel with glass-walled tower featuring panoramic views over the city of Istanbul and the
  • More Special Offers
  • Hotels

    New seaside resort in Qatar

    Those of you planning a trip to Qatar may want to check out Qatar’s first leisure destination Sealine Beach, a Murwab Resort, which has now opened following a major
  • More Hotels News
  • Destination:

    1. Start date:

    2. End date: