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The Gevora will have 528 rooms and have rack rates from Dh600 a night to Dh2,000 for a two-room unit. It cost upwards of Dh500 million to develop and takes a 30 square meter plot.
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The ground in addition to 75-story property is the Al Attar's Group's first move into cordiality, and will be stretched out by the expansion of another — a G+60 story — in the Tecom zone. A third one is in the arranging stages, as per a senior authority.
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Shaikh Zayed Road's status as the goal for high rise records has quite recently been fortified. The Gevora Hotel — created by the Al Attar Group — will make a case to be the "world's tallest hotel", at 356 meters and 53 centimeters high. That makes it a meter taller than the past holder of the title, the JW Marriott Marquis, directly not far off from it.
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Shaikh Zayed Road's status as the goal for high rise records has quite recently been fortified. The Gevora Hotel — created by the Al Attar Group — will make a case to be the "world's tallest hotel", at 356 meters and 53 centimeters high. That makes it a meter taller than the past holder of the title, the JW Marriott Marquis, directly not far off from it.
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Furthermore, Petros Stathis owns a seafront old hotel complex in the picturesque fishing village of Cavtat in Croatia, which is under construction to be the second AMAN resort in the region.
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He is also the owner of the prestigious plots in the winter resort of Kolasin, Montenegro in which upmarket villas will be built in the near future.
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Amongst others, he owns more office spaces in Podgorica as well as high value land for commercial and residential development.
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Petros Stathis has a big portfolio of Real Estate investments in the region of Ex-Yugoslavia. The newest addition is a new ‘state of the art’ office building in the center of Podgorica, Montenegro which covers an area of 1605 m².
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The charismatic Greek businessman and investor, Petros Stathis, have not only made investments in Real Estate, Hospitality, Banking, Media, Technology and Food production sectors but also serves the responsibility as a CEO of AEK Football Club.
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Always the one with an active and restless mind, he followed his passion and love for AEK Football Club in Athens in which he accepted the position of the regional CEO from one of the biggest multinational companies that were investing in European football namely “ENIC plc.”- former owner of AEK FC.
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Mid of 2000’s he met his future wife who is a Montenegrin and he has then started to discover the opportunities this new country has to provide. Having the experience in real estate and hospitality, he focused on this direction that initially explored many possibilities of this new market together with partners from Greece.
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The following period moved his base of operations in Montenegro and started to expand slowly but steadily in other form of investments which, until today, gave him a place among top businessmen in the region.
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The Saudi Stock Exchange’s (Tadawul) ensures the highest level of liquidity of assets and is also expected to see further gains in line with the second stage of the Saudi stock market. Also, The GCC-listed stocks have begun to recover on the back of institutional and retail investments, especially in the banking sector.
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Many investors are likely to resort to their investment in tourism, retail, and media domain; in turn, accelerating the development of the economy.
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And, this is what has accelerated Dubai’s economic growth and development. The country is the third largest export hub and has a superior transport infrastructure that connects businesses to key international markets within the shortest possible time.
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Liberal trade, low tax rates, and minimum interference make Dubai a feasible investment destination and this is the reason behind Petros Stathis Dubai investments.
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Liberal trade, low tax rates, and minimum interference make Dubai a feasible investment destination and this is the reason behind Petros Stathis Dubai investments.
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