Basma Group Sharjah has awarded the AED 120 million (US$ 32.7m) construction contract for the Novotel Sharjah Expo to Klampfer Middle East LLC, a joint venture between Basma Group and KBW Investments. The new 4-star hotel will be located adjacent to the international exhibition and conference centre in Sharjah city’s central business district. The Gulf region’s meetings, incentives, conferences and ...
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Two new construction joint-ventures formed
KBW Investments and Basma Group Sharjah have formed two construction UAE joint-ventures in Sharjah, Klampfer Middle East LLC and Arcadia Middle East LLC. The agreements were signed in Sharjah this week by HRH Prince Khaled bin Alwaleed bin Talal, Chairman, KBW Investments, and Sheikh Sultan bin Ahmed Al Qasimi, Chairman, Basma Group Sharjah. The creation of Klampfer Middle East LLC ...
Read More »Accor adds Pullman brand to Sharjah hotel pipeline
Accor Hotels Middle East, one of the fastest growing hospitality groups in the Middle East, is expanding its footprint in Sharjah with the addition of a 188-room Pullman hotel, near to Expo Centre Sharjah. The group announced the new property after signing a number of new hotel management agreements with Sharjah-headquartered Manazil Group. Accor has previously announced plans for a ...
Read More »New US$100m Sharjah luxury resort planned
A new US$100 million (AED 367m) art and culture themed 5-star luxury beachfront hotel and resort, the Majlis Grand Mercure Sharjah, is to be built on Sharjah’s corniche and managed by global hotel operator Accor. The new development was announced this week by H.E. Sheikh Sultan bin Ahmed Al Qasimi, chairman of Basma Group Sharjah and H.R.H. Prince Khaled bin ...
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