Landmark Hotel Management, a UAE based hotel management company, will launch 10 Sharia-compliant hotels and serviced apartments in the UAE and KSA by the end of 2010, the company announced today.
Six of the 10 projects will be launched in Dubai, two in Abu Dhabi, one four-star hotel in Fujairah and one hotel in Jeddah in Saudi Arabia. All the projects will operate on Islamic principles including no alcohol, serve halal food, and provide a percentage of their profits to charity.
One factor driving the growth of Sharia-compliant hotels is the increasing number of Arab and Muslim travellers and their growing purchasing power.
According to the World Tourism Organisation, Gulf travellers spend US$12 billion annually on leisure travel. Leisure and business tourists from the Arab world spend 10 to 50 per cent more than the average global traveller.
"The significant growth in the number of Arab and Muslim tourists and the corresponding increase in consumer spending by Arabs have boosted the demand for Sharia-compliant hotels in the Middle East region," said S M Sadique, the managing director of Landmark Hotel Group.
Mr Sadique added that Landmark Hotel Management was keen to increase the mass market appeal of Sharia-compliant hotels. "Presently, the general perception is that Sharia-compliant hotels are only meant for Muslims; which is certainly not the case. There are several non-Muslims, especially with families, who enjoy the quieter and cleaner ambience offered in Sharia-compliant hotels," he said.
Landmark Hotel Management operates under the umbrella of the Khalid Abdullah Al Ghurair Group. Landmark currently owns and operates six hotels in the Middle East, three of which are Dubai-based, with more projects underway in Dubai, Abu Dhabi, India, Oman and Kuwait.
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Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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● Company: Bidzi
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● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
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● No of employees: Nine
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Muguruza's singles career in stats
WTA titles 3
Prize money US$11,128,219 (Dh40,873,133.82)
Wins / losses 293 / 149
How to come clean about financial infidelity
- Be honest and transparent: It is always better to own up than be found out. Tell your partner everything they want to know. Show remorse. Inform them of the extent of the situation so they know what they are dealing with.
- Work on yourself: Be honest with yourself and your partner and figure out why you did it. Don’t be ashamed to ask for professional help.
- Give it time: Like any breach of trust, it requires time to rebuild. So be consistent, communicate often and be patient with your partner and yourself.
- Discuss your financial situation regularly: Ensure your spouse is involved in financial matters and decisions. Your ability to consistently follow through with what you say you are going to do when it comes to money can make all the difference in your partner’s willingness to trust you again.
- Work on a plan to resolve the problem together: If there is a lot of debt, for example, create a budget and financial plan together and ensure your partner is fully informed, involved and supported.
Carol Glynn, founder of Conscious Finance Coaching