Mandarin Oriental Hotel Group has announced that it will manage a second luxury hotel and branded residences in Dubai, which is targeted to open in late 2020. The hotel, located in downtown Dubai, will complement Mandarin Oriental Jumeira Beach, Dubai, the group’s previously announced urban resort ,which is currently under construction on the beachfront and due to open in the fourth quarter of 2018. Both hotels are owned and developed by wasl Asset Management Group.
The hotel will be the anchor of a 63-story, mixed-use building, to be known as Wasl Tower, located on Sheikh Zayed Road. The property will have direct access to the area’s business and leisure attractions, including Dubai Opera, Burj Park and Dubai Mall.
The downtown Mandarin Oriental hotel will feature 257 spacious and contemporary guestrooms, suites and serviced apartments, which will be located on floors 16 to 38 of the tower, providing outstanding views over downtown Dubai and the world’s tallest building, the Burj Khalifa. The accommodation will be designed to reflect local culture, with features inspired by Mandarin Oriental’s Asian heritage.
The group will also manage 144 residences at Mandarin Oriental, located on the tower’s upper floors, which will provide some of the most luxurious private homes in the city. The residences will have their own private access, with dedicated facilities including a resident’s lounge, while also benefiting from Mandarin Oriental’s legendary service and direct access to the hotel.
The group’s expertise in creating award-winning restaurants headed by some of the world’s most celebrated chefs will contribute to the food and beverage offerings of the hotel. A variety of restaurants and bars will be featured, comprising a lively rooftop sky bar with citywide views, a signature dining experience, an all-day dining venue, a poolside bar and restaurant, a lobby lounge, a club lounge, a cigar room and a Mandarin Oriental Cake Shop.
Mandarin Oriental announces a second luxury hotel project in Dubai
Mandarin Oriental announces a second luxury hotel project in Dubai
‘Wealth Grows Here’: Aljazira Bank launches new brand identity
Aljazira Bank announced the launch of its new brand identity under the slogan “Wealth Grows Here,” marking a natural evolution in a growth journey spanning more than five decades. Over the years, successive phases of transformation have shaped the bank into what it is today, with the new identity serving as the culmination of a strategic chapter that strengthened the bank’s role within the Saudi banking sector.
As part of this milestone, the new brand launch also extended to Aljazira Capital, the bank’s investment arm, reflecting a unified vision and strategic alignment across the group. The updated identity of Aljazira Capital underscored its evolution as a specialized investment and wealth management institution, focused on delivering carefully structured investment solutions and strengthening its role as a trusted partner in building and growing long-term investment portfolios, fully aligned with the bank’s broader direction.
The announcement also included the launch of the new identity for Fawri, aligning it with the bank’s updated brand and reflecting its commitment to delivering reliable and seamless financial transfers within an advanced and integrated financial ecosystem.
Naif bin Abdulkareem Al-Abdulkareem, CEO and managing director of Aljazira Bank, said: “The new brand identity goes beyond a visual change; it is a true reflection of what the bank has become today. Since the strategic refresh in 2023, we have restructured how we operate, aligned our business lines around a shared objective, and strengthened execution. The progress we see today, in service quality and speed of delivery — confirms that we are moving in the right direction.”
The new identity reflects the outcomes of the bank’s 2023 strategic transformation, a pivotal milestone in its journey. This phase focused on developing an integrated banking ecosystem with a stronger emphasis on individual wealth management, supported by a more agile and efficient operating model led by digital channels. It balanced sustainable growth with strengthening the corporate portfolio, accelerating investment in digital infrastructure and human capital, and enhancing operational efficiency.
Since its establishment, Aljazira Bank has progressed through successive stages of growth, evolving from a traditional bank into a more innovative and specialized financial institution. Today, it places wealth management at the core of its proposition, offering a banking experience built on long-term relationships and a deep understanding of clients’ financial aspirations. In parallel, the bank has continued to reinforce its role as a trusted partner to the business sector, serving large corporates as well as small and medium-sized enterprises through solutions that support growth, sustainability, and the Kingdom’s broader economic development goals.
At the heart of this direction stands the bank’s new slogan, “Wealth Grows Here,” which captures its role as a key partner in building and preserving wealth for individuals and businesses alike, creating sustainable value beyond the delivery of traditional banking services.
