Ambassador promises to facilitate new investments in the hospitality sector in Angola

His Excellency Albino Malungo, Ambassador Extraordinary and Plenipotentiary of Angola to the United Arab Emirates, ensured he would establish contacts with national entities to promote the implementation of the intention expressed by businessmen linked to the hospitality sector in the UAE to develop partnerships and investment in the Angolan market.
The guarantee was given during the meetings that the Head of the Diplomatic Mission of Angola in the UAE held, today, separately, with Nasser Al Nowais, President of the Rotana Group and with Siegfried Nierhaus, Vice President for the Middle East at Steigenberger Hotels AG/Deutsche Hospitality.
Ambassador Albino Malungo immediately made preliminary contacts with the Ministry of Culture, Tourism and Environment (MCTA) and entrepreneurs in the sector in Angola, in the sense that the intention expressed by the aforementioned business groups have results in the future.
Rotana Hotel Management Corporation (Rotana) was founded in 1992 through a partnership between two visionary thinkers, Nasser Al Nowais and Selim El Zyr.
The company opened its first property, Beach Rotana Abu Dhabi, in 1993 and is today one of the leading hotel management firms in Africa, the Middle East, Eastern Europe and Turkey.
On the other hand, the Deutsche Hospitality Group (formerly Steigenberger Hotel Group) is the general brand of the German hotel company Steigenberger Hotels AG, a member of the Huazhu Group since 2020. The group was founded by Albert Steigenberger in 1930 and was managed as a family business by the descendants of the founder who died in 1958.
As of January 2020, Deutsche Hospitality’s portfolio includes a total of around 150 hotels on three continents, of which more than 30 are under construction or planning.
The brand’s hotels are located in 19 countries, including Germany, Austria, Switzerland, the Netherlands, Belgium, Denmark, Sweden, Spain, Egypt, Oman, Tunisia, the United Arab Emirates and China. In 2019, the hotel group announced its worldwide expansion plan that aims to increase the global portfolio to 250 hotels by 2024.

Previous Lunch between H.E. Ambassador Albino Malungo and H.A. Sheikh Suroor Bin Mohammed Al Nahyan and South Korean businessmen