Nepal’s billionaire opens first luxury hotel in Dubai

With footprints in 20 countries around the world, CG Corp Global, a multinational conglomerate from Nepal, has now forayed into Dubai and is a major shareholder in the recently launched Taj Jumeirah Lake Towers.

With this investment, its vertical CG Hospitality has established its headquarters in Dubai to cover the Middle East, Europe and Africa markets. Poised to be one of the most iconic hotels in CG Hospitality’s portfolio, the hotel will also be the first in the world where Nepal’s national flag will fly.

With Taj JLT Dubai, Rahul Chaudhary, executive director of CG Corp Global and CG Hotels & Resorts
brings the group’s distinguishing luxury and ethical benchmarks to the UAE. The iconic hotel will set a new benchmark in ‘business luxury’ in the region’s hospitality sector.

The global conglomerate’s journey started in 1933 and is currently Nepal’s first and only billion-dollar corporation listed by Forbes. CG Corp Global owns over 76 brands, managing 174 companies, and operates in sectors spanning from FMCG, education, biotech, electronics, banking, hydropower, telecommunication, construction, real estate development as well as hospitality.

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