Dubai’s FAM Holding launches luxurious resort ‘Al Mahra’ in Maldives

Dubai’s FAM Holding launches luxurious resort ‘Al Mahra’ in Maldives

FAM Holding, a Dubai-based conglomerate of business solutions across a number of industries established by Dr.Faisal Al Naqbi, has launched “Al Mahra Maldives” Resort, its luxurious hotel residential project in the Maldives.

The project, which will receive investments of about $218 million, is deemed one of the latest real estate development projects to be launched by the Group, and its first real estate expansion outside the UAE.

This launching came on the margin of the 30th version of Arabian Travel Market 2023, which is being held in the Dubai World Trade Centre, from the 1st to the 4th of May, 2023.

Dr. Faisal Ali Mousa

Chairman – FAM Holding “Through Al Mahra Maldives touristic resort project, FAM Holding Group aims to expand in the real estate investment outside the UAE for the first time, and strives to tap into the Maldives, particularly since this archipelago currently witnesses a remarkable growth, as it became the bucket list destination for many travel and tourism lovers all over the world, to bask in its pristine beaches, virgin nature, serene lifestyle, and smiling faces of the locals, a matter which makes it an ideal oasis for tranquility and relaxation.”

Mr. Mousa noted that the Al Mahra Maldives resort will