Ishraq Gulf Real Estate Holding

Established in 2005, Ishraq has the exclusive development and operating rights for the GCC, (excluding Saudi Arabia), for ‘Holiday Inn Express’ hotels, the world’s largest and most successful branded budget hotel of Intercontinental Hotels Group. Four hotels are currently operational in Dubai, UAE. During March 2010, the company opened Holiday Inn Express Dubai Airport, which is the largest Holiday Inn Express in the EMEA Region.In September 2011, ISHRAQ completed the successful sale of Ishraq Dubai which includes the four Holiday Inn Express properties in Dubai. Currently construction is in progress for Holiday Inn Express in Bahrain, which is scheduled to open Mid 2012.

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