The Abu Dhabi Investment Authority (ADIA), the third largest sovereign wealth fund in the world, is currently finalising the acquisition of a 51% stake in Meliá Hotels International establishments in Magalluf.
Abu Dhabi set to invest in Magalluf hotels
An operation put at around 250 million euros
Also in Holiday
- Spain wants Britons to show they have 113.40 euros, £97, per day for their holidays
- Spanish pensioners stuck at Palma Airport for fourteen hours
- Over two hours for Britons to get through Palma airport queues
- Palma Airport passport control "collapse" put down to unscheduled flights
- Living in a motorhome in Palma: "It'll only get worse"
No comments
To be able to write a comment, you have to be registered and logged in
Currently there are no comments.