Abu Dhabi’s Tourism Sector Strengthened with EIH Ithmaar International Holding’s Acquisition of Nirvana Holding Company

2023-07-21 05:41:00

Within the framework of the economic vision of the Emirate of Abu Dhabi 2030

Dubai – Al Arabiya.net

Posted on: July 21, 2023: 09:41 AM GST Last updated: July 21, 2023: 10:31 AM GST

EIH Ithmaar International Holding has acquired a strategic stake in Nirvana Holding Company, in a move aimed at strengthening Abu Dhabi’s position as a leading destination for tourism of all kinds and developing tourism investment and tourism activities in the capital to make it an integrated tourist destination.

Under the acquisition, work will be done to implement and activate projects and operational work plans that will contribute effectively and effectively to the tourism scene, within the framework of the economic vision of the Emirate of Abu Dhabi 2030.

Ali Al Jubaili, Managing Director and CEO of EAH, said that the acquisition of a strategic stake in Nirvana comes as an essential step in strengthening the tourism sector in the Emirate of Abu Dhabi, according to what was reported by the Emirates News Agency, WAM.

Al-Jubaili stressed the company’s commitment to a pivotal role that enhances access to a leading investment environment for many sectors. While Alaa Al-Ali, CEO of Nirvana Holding Group, confirmed that the acquisition process marks the start of a new business phase that will carry more achievements and successes for the tourism sector of all kinds.

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