UAE – Mubasher: TIME Hotels is currently considering investment opportunities in Tatarstan, located 800 kilometres east of Moscow at the confluence of the Volga and Kama Rivers.
The CEO of the UAE-based hospitality company Mohamed Awadalla met with the President of Tatarstan Rustam Minnikhanov to explore potential investment opportunities in the city of Kazan, which has become an increasingly popular summer destination.
Awadalla then discussed with the Mufti of Tatarstan the possibility of promoting halal tourism in the country with the help by TIME Hotels which has experience of more than eight years in managing halal-friendly hotels in the UAE and across the Middle East.
“With more than one million visitors per year and rising, the Republic of Tatarstan is one of the fastest growing tourist destinations in Russia and is an ideal location to continue our international expansion of the TIME Hotels brand,” Awadalla noted.
“Rich with culture, fine arts and over 1,000 years of history as well as boasting a cutting-edge culinary scene plentiful with halal-friendly options, Tatarstan not only caters to the needs of GCC travellers but is also within very easy reach with two direct flydubai flights per week from the UAE,” he added.
TIME Hotels plans to widen its portfolio with a number of opportunities in the UAE and the MENA region, including Egypt.