By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Investment Corporation of Dubai invests 300 USD in BiH? 
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Investment Corporation of Dubai invests 300 USD in BiH? 
BUSINESS

Investment Corporation of Dubai invests 300 USD in BiH? 

Published September 18, 2016
Share
SHARE

600_1472402732skenderija-privredni-grad-17092015-ks-21Investment Corporation of DUbai (ICD) intends to build an elite five-star hotel in Skenderija, confirmed the Director Executive of ICD Muhammad Ibrahim Al-Shaybani.

“Our team completed all preparations for the publishing of a tender for master plan in Skenderija three days ago. From what I can see, this is an ideal location for a five-star hotel. However, it is still too early to talk about the total announced investments. I can say ‘here, we will invest 300 million USD’, but that means nothing to us. When we finish all the projects, then we will talk about means. Nevertheless, it is certain that we will build a hotel,” said Al-Shaybani.

Director Executive of ICD stated that they want to build something special, unique and different, something that will change the image of Sarajevo.

“Sarajevo has the potential to develop like Dubai,” said Al-Shaybani, adding that the aim is to attract people from Dubai to come to BiH. However, in order to do that, the tourist offer, accommodation and hotel capacities that satisfy their needs must be reinforced first.

Al-Shaybani is the right hand of the Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the United Arab Emirates and one of the wealthiest men in the world. The fund he leads disposes with a portfolio worth 160 billion USD. Several days ago, the ICD signed a memorandum of cooperation with the Government of the Sarajevo Canton on investments in the capital of BiH.

“We are serious investors and we are not interested in small projects. We came to Sarajevo because of large investments. My suggestion is to take a part of workers from BiH to Dubai and make them a part of international tourism market, to train them, so they can see how a huge market works. Tourism is a big chance for BiH, but BiH still does not have the capacities to satisfy the needs of guests from Dubai,” Al-Shaybani added.

(Source: ekapija.com)

Decrease recorded in Total Production of Forest Assortments in Bosnia and Herzegovina

Mortar shell removed from Skenderija

Ministry: Donated Vaccines should be approved by BiH Agency for Medicines

Price of Commercial Tests for Coronavirus remains 200 BAM in Bosnia and Herzegovina

Eighteen Million Euros for Agro-Business in Rural Areas of Bosnia

TAGGED:#construction#Dubai#Hotel#investment#investors#skenderijaICD
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Blind Young Man Mustafa Mehic Mujce ran Sarajevo Half Marathon
Next Article Bosnian who wrote a Letter to Obama: What kept me in the Marines for 20 Years? 
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

Ban on Religious Symbols in Public Service in BiH deemed necessary Measure, Constitutional Court rules
January 16, 2026
Europeans fear that Artificial Intelligence will threaten Jobs
January 16, 2026
New Recession on the Horizon: World Markets in Fear, BiH unprepared for a new Crisis
January 16, 2026
The Divorce of Jennifer Lopez and Ben Affleck could be the most Complex and Expensive in History
January 16, 2026
After Travnik, Ljubuski becomes a Digital Tax-Free City in BiH
January 16, 2026
A painful Story from Gaza: The Father went to get the Birth Certificates of the Twins, when he returned the Babies were killed
January 16, 2026
EU Urges Urgent Action to Fix Deficiencies in BiH’s Anti-Money Laundering and Counter-Terror Financing System
January 16, 2026
BiH and Croatia Hold Joint Committee Meeting to Monitor Implementation of European Partnership Agreement
January 16, 2026
“Fulfil key Obligations to avoid the “grey list” of the FATF“
January 16, 2026
The Anniversary of the Martyrdom of the Serbs in Skelani was marked
January 16, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?