November, 30, 2023
Anwar Aman's $1.3B Al Marjan Venture with JW Marriott

Anwar Aman’s $1.3B Al Marjan Venture with JW Marriott

Infostani Sources- Renowned Pakistani-American businessman Anwar Ali Aman, who hails from Chitral, founded WoW Resorts. Also known for offering opulent accommodations and top-tier hospitality. Recently, he inked a deal with JW Marriott, jointly announcing an ambitious construction project: JW Marriott Al Marjan Island Resort and JW Marriott Residence Al Marjan Island in Al Marjan Island, Malikar Ras Al Khaimah, UAE. Anwar Aman is actively advancing in Pakistan’s construction sector. With the ongoing development of a five-star hotel in Chitral and upcoming projects in Phandar, Gilgit, Skardu, and Islamabad.

Anwar Aman’s $1.3B Partnership: JW Marriott’s Luxurious Al Marjan Venture

Anwar Aman's $1.3B Al Marjan Venture with JW Marriott

These initiatives will not just enhance the hospitality sector but also boost the tourism industry in the country, generating new job opportunities. The anticipated cost of completing this remarkable project in the UAE is US$1.3 billion. Making it a standout addition to Marriott International’s luxury portfolio and a preferred destination for tourists and investors in Al Marjan. Marriott International plans to significantly establish its presence on the island.

During a grand ceremony in the UAE, Anwar Ali Aman, CEO of WOW Resorts. Formally entered into a partnership with representatives from Marriott International and Marjan’s Chief Executive Officer, Abdullah Al Abdoli. Renowned architects and design houses from Los Angeles and Dubai are collaborating on the project. Ensuring it becomes an architectural masterpiece. The JW Marriott Al Marjan Island Resort and JW Marriott Residences Al Marjan Island, are anticipated for occupancy by the end of 2026. Will enhance Herald WoW Resorts’ offerings to various Asian markets. This outstanding property caters to the preferences of potential homeowners, nature enthusiasts, water sports aficionados, and advocates of sustainable tourism.

Global Crude Hits 4-Month Low: Brent $77.52, U.S. $72.95

In the global market, crude oil prices experienced a four-month low. London Brent oil saw a decrease of 3 dollars and 79 cents, reaching 77 dollars and 52 cents per barrel. U.S. crude futures for December delivery also dropped by 3 dollars and 71 cents, settling at 72 dollars and 95 cents per barrel.

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