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maltatoday | SUNDAY • 23 FEBRUARY 2025 7 COMMERCIAL Corinthia Group announces partnership to develop and operate iconic hotel and residences in Dubai THE Corinthia Group, trading as IHI plc, announces that its subsidiary, Corinthia Hotels, and Dubai General Properties have joined forces to develop a landmark hotel and residential project in the heart of Dubai. The centrepiece of the vision- ary mixed-use project features a 102-storey tower, set to become one of the world's tallest build- ings, on the Sheikh Zayed Road near the celebrated Museum of the Future. The property is owned by Dubai General Properties LLC, which specialises in real estate projects in the UAE, while Corinthia Ho- tels will provide management and expertise to operate a luxury hotel having approximately 120 bedrooms and provide branding and servicing to luxury residenc- es being developed in the towers. Another Corinthia Group sub- sidiary, QP, a multidisciplinary design and project management firm, will provide project man- agement and design services to ensure seamless execution. Simon Naudi, CEO of Corin- thia Group, said: "Corinthia is delighted that two of its prin- cipal companies are partnering with Dubai General Properties to create an iconic project at a prime location in the UAE. "Our involvement in this spe- cial development marks anoth- er step forward for the Group in line with our strategic vision to build and enhance our global reputation in the luxury hospi- tality and residential sector." The Corinthia Group has en- tered an exciting phase in recent months: two iconic hotels flying the Corinthia flag were opened in Brussels and New York at the end of last year, while the com- pany also announced that it has entered into a partnership with Kuwaiti-based Action Real Es- tate Company to explore invest- ment opportunities for luxury hotels and real estate at prime locations in the Americas and beyond. The Dubai project will showcase the five-star luxu- ry Corinthia Dubai, alongside Corinthia-branded serviced penthouses and apartments, each offering breathtaking views and elegant interiors. With a total built-up area ex- pected to be 330,000 square metres, the towers will provide stunning vistas of the Sheikh Zayed Road skyline, Burj Khal- ifa, Burj Al Arab, and Jumeirah Beach. The pièce de resistance will be the world's highest out- door sky pool, soaring over 500 metres with panoramic 360-de- gree views, making Corinthia Dubai hotel and residences one of the most exhilarating address- es in the region. Simon Casson, CEO of Corin- thia Hotels, said: "We are proud and honoured to be bringing the Corinthia brand to Dubai. This architectural gem honours the ambitious vision set forth by the inspired leadership of Dubai and is made possible by our valued partnership with Dubai General Properties." Reuben Xuereb, CEO of QP said: "We are honoured to be helping deliver this game-chang- ing project for Dubai General Properties and Corinthia. We have pioneered the project con- cierge service, bringing an inte- grated approach to design and development with our dynamic and capable team ensuring every detail is expertly managed." Jassim Al Ali, Managing Di- rector of Dubai General Prop- erties, commented: "It is a true privilege to introduce this bold and visionary statement to our city, right where our journey in property development began. Dubai stands as a pioneer in lux- ury tourism, and we are thrilled to unveil an innovative new con- cept that not only elevates our hospitality standards but also captivates both our people and the world." Customised loans from BOV for medical and cosmetic procedures LOCAL and international trends show an ever-growing demand for medical and cos- metic procedures. People of all ages are taking up such proce- dures, from younger individ- uals looking for preventative, anti-ageing solutions to an older generation aiming to maintain a youthful appearance. Other individuals seek interventions for medical reasons, as a way of managing the physical impact that may result from some more serious health issues. 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