T14H’s Adeeb Ahamed honoured with Hurun Hospitality Achievement Award
Makes his mark on global level
MUMBAI, Jan 21: The Hurun Real Estate Leadership Summit and Excellence Awards, marking the achievements of the real estate sector in India, were held at the Four Seasons, Worli on Thursday. The gala event hosted some of the most successful real estate entrepreneurs with various sessions and panel discussions on understanding real estate landscape of India.
In recognition of his contribution to the hospitality industry, Adeeb Ahamed, Managing Director, Twenty14 Holdings was presented the Hurun Industry Achievement Award in Hospitality & Retail Real Estate 2017.
Established as a research unit in 1999 Hurun Report Inc has grown into a leading publishing group, whose yearly rich list is widely recognized as the foremost authority in tracking the rapid changes amongst high net worth individuals worldwide.
Assets
Adeeb has made a mark for himself on the global level, engaged in various sectors including hospitality, organized retail and financial services. Twenty14 Holdings (T14H), the hospitality arm of Abu Dhabi-based conglomerate Lulu Group International, led by Adeeb was founded in 2014 to capitalize on the growth in the global hospitality industry.
The company currently has assets worth more than $650m spread across the UK, Middle East and India.
In India, the group marked its entry into the hospitality sector with the acquisition of a hotel in Kochi in 2015, which is under renovation. Since then Twenty14 Holdings has invested in two other properties in Bengaluru, that are under various stages of development.
With the first phase of development already underway in Kerala and Karnataka, the group is on the lookout for investment options in other major cities across India.
Twenty14 Holdings recently acquired the Waldorf Astoria Edinburgh – The Caledonian in Scotland for $120m and has also made a £110m agreement with property developer Galliard Homes to create a luxurious five-star hotel at 1-5 Great Scotland Yard, the former headquarters of London’s Metropolitan Police.
The firm co-owns the landmark Sheraton Oman Hotel in Muscat and owns the Steigenberger Hotel Business Bay in Dubai and three properties in India.
Other winners of the evening include Abhishek Lodha of Lodha Developers, Niranjan Hiranandani of Hiranandani Developers, Irfan Razak of the Prestige Group and Anand Pirama of Piramal Realty.
Adeeb Ahamed
KUWAIT CITY, Jan 21: Burgan Bank, the second largest in terms of assets, announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.
The lucky winners are: 1. Wali Abdulwahab Dolati Ghadhban; 2. Ahmad Zaid Ammer Almutairi; 3. Mohammad Abdullah Ali; 4. Mohammad Hasan Yousef Theyab; 5. Abdulmohsen Khaled Abdulmohsen Albahar.
In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months.
The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 in the account will entitle customers to one chance of winning.
If the account balance is KD 500 and above, the account holder will be qualified for both the quarterly and daily draws.
Burgan Bank encourages everyone to open a Yawmi account and/or increase their deposit to maximize their chances of becoming a winner. The higher the level of the deposit, the higher the likelihood to win.
For more information on opening a Yawmi account, the new quarterly draw or on any of the bank’s products and services, customers are urged to visit their nearest Burgan Bank branch, or simply call the bank’s Call Center at 1804080. Customers can also log on to Burgan Bank’s www.burgan.com for further information.