SMBC Eyes 20% VPBank Stake in Vietnam Expansion 
Dubai’s connectivity remains strong in an uncertain world 
Oil Prices Rise as Iran Holds Firm on Strait of Hormuz Deal 
Nissan Targets US Hybrid Growth With Rogue e-Power Launch 
US Stocks Face Jobs, Inflation Test as Fed Rate Hike Bets Rise 
Hong Kong Home Prices Stabilize in August After July Decline 
Meta Found Liable in New Mexico Facebook Data Privacy Case 
Oura IPO Draws Strong Demand Ahead of $2.2 Billion Offering 
China Consumer Stocks Near Decade Lows as AI Shares Surge 
SpaceXAI to Double Nvidia Chips at Colossus 2 by Year-End 
Gold Slides Below $4,300 as Oil Surge Fuels Fed Rate Hike Bets 
Erste Group Plans Tender Offer to Boost Poland Bank Stake 
RBA Set for September Rate Hike as Inflation Stays High 
China Industrial Profit Growth Slows as Weak Demand Offsets AI Gains 
Vitalik Buterin Says Hegota Could Be Ethereum’s Last Conventional Fork 
South Korea Tax Windfall Could Top 50 Trillion Won on Chip Boom 
Add as a preferred source on Google
Ssangyong Engineering & Construction Co., Ltd. announces the completion of its landmark project in the United Arab Emirates. The South Korean engineering firm constructed a luxury hotel worth $1.2 billion or KRW1.5 trillion in Dubai called the Atlantis The Royal.
This is one of the biggest contracts of Ssangyong E&C, and it has confirmed on Tuesday, Feb. 21, that the new high-end express hotel in Duba is finished. The building has a total of 795 rooms on its 44 floors. The hotel boasts luxurious facilities such as 94 swimming pools for guests.
As per The Korea Times, SsangYong E&C spend around eight years to finish the extravagant hotel. The engineering unit of the SsangYong Group won the contract for its construction in December 2015. The order was formally handed to the Korean firm in Dubai, United Arab Emirates, that year.
The new Atlantis The Royal hotel sits on an artificial island which the locals call the Palm Jumeirah in Dubai. Millions were spent on its construction, and the finished product shows why it cost this much.
It has been classified as a top-class hotel which is correct, and offers magnificent views overlooking the Gulf Sea. Guests and visitors of the hotel will enjoy their time here in great comfort amid the great views that only Atlantis The Royal can offer.
"Atlantis the Royal is a complex structure where all 33,000 panels used for outer walls are streamlined," The Korea Herald quoted SsangYong E&C’s project manager, Han Seung Pyo, as saying in a statement. "There are few cases in the world where all the blocks in the buildings are streamlined, while resembling Lego blocks," he added.
Another official of SsangYong E&C added, "With the completion of Atlantis the Royal, which is considered one of the world's top luxury hotels, Ssangyong E&C has once again proved its status as the No. 1 builder in the global high-end construction industry."
