Wednesday 15 January 2020
With a footprint in 20 countries around the world, CG Corp Global, a multinational conglomerate from Nepal, has forayed into Dubai and is a major shareholder in the recently launched Taj Jumeirah Lakes Towers.
With this investment, subsidiary firm CG Hospitality has established its headquarters in Dubai to cover the Middle East, Europe and Africa markets.
The Taj JLT will be the first hotel in the world to fly Nepal’s national flag. The hotel aims to set a new benchmark in ‘business luxury’ in the region’s hospitality sector.
The global conglomerate is Nepal’s first and only billion-dollar corporation listed by Forbes. CG Corp Global owns over 76 brands, manages 174 companies, and operates in sectors spanning FMCG, education, biotech, electronics, banking, hydropower, telecommunications, construction, real estate development and hospitality.