Qatari Diar and FTG Development Groundbreaking on Land of Legends in Simaisma

Land of Legends Qatar is set to become one of the largest theme parks in the Middle East with a 3-billion-dollar investment

DOHA, Qatar, Nov. 21, 2024 /PRNewswire/ -- Under the patronage and attendance of His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs, the groundbreaking ceremony for Land of Legends Qatar took place today, launching the development of a landmark destination set to transform tourism and entertainment in the region. This milestone project, born of a dynamic partnership between FTG Development and Qatari Diar Real Estate Investment Company.

Expected to attract 2 million visitors annually, Land of Legends Qatar will play a central role in advancing Qatar's tourism landscape and supporting the nation's goals for economic diversification. It is expected to open by 2028, and the project investment is valued at 3 billion dollars.

The project, which spans over 650,000 sqm, offers an unforgettable experience, taking visitors on an enchanting journey, across seven themed zones with multi unique themed attractions. Land of Legends Qatar invites guests to explore diverse landscapes, immersive experiences, and cultural marvels. This destination is packed with delights for all ages, including the family-friendly Kingdom Hotel with conference facilities and beachside activities, and Music Hotel, a multicultural destination which hosts a futuristic celebration of the world's music. From an 80-meter-high mountain to boat parades along scenic canals and thrilling water adventures, every corner promises something extraordinary. Visitors can also enjoy luxurious villas and a world-class dining selection, making each moment truly special.

On the occasion of the groundbreaking for the first major entertainment destination within the Simaisma Project, His Excellency Abdullah bin Hamad bin Abdullah Al Attiyah, Minister of Municipality and Chairman of Qatari Diar Real Estate Investment Company, said:

"This event marks an important step toward realizing an ambitious vision aimed at enhancing Qatar's position regionally and internationally, establishing it as a leading tourist destination. The 'Land of Legends' project is a key component of Qatar's strategy to diversify its national economy, offering an exceptional experience that will contribute to attracting investments and advancing the tourism sector."

Eng. Ali Mohamed Al-Ali, CEO of Qatari Diar Real Estate Investment Company said: "The Simaisma Project embodies an inspiring vision that reflects our commitment to delivering a world-class entertainment experience with a distinctive Qatari touch. It also aims to attract investments in the tourism sector and create new job opportunities, all while adhering to the highest standards of sustainability, which are integral to Qatar's future vision."

Mr. Fettah Tamince, Founder of FTG Development and President of Land of Legends, said: "We are delighted to bring the unique Land of Legends experience to Qatar with our partner Qatari Diar, creating a destination that is more than just a theme park or hotel. It is a lively world of entertainment and leisure that will add a new dimension to Qatar's attractions and become a top choice for holidays and fun for millions in the region."

Land of Legends Qatar is the first major development within Simaisma Project, which spans over 8 million square meters and stretches along a stunning 7-kilometer beach. Alongside the theme park, Simaisma will feature an 18-hole golf course, a luxury yacht marina, high-end residential villas, and a variety of dining and retail options, establishing it as a premier leisure destination.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Qatari Diar and FTG Development Groundbreaking on Land of Legends in Simaisma

Qatari Diar and FTG Development Groundbreaking on Land of Legends in Simaisma

Qatari Diar and FTG Development Groundbreaking on Land of Legends in Simaisma

Qatari Diar and FTG Development Groundbreaking on Land of Legends in Simaisma

VILNIUS, Lithuania, Nov. 21, 2024 /PRNewswire/ -- BingX, a global leading cryptocurrency exchange, is thrilled to announce the launch of its Spot Innovation Zone, an exclusive space for trading both trending and up-and-coming tokens in the cryptocurrency ecosystem. This new initiative aims to empower BingX users with access to high-potential projects while providing a fast, secure, and efficient trading environment. The launch coincides with a positive shift in market sentiment and the growing popularity of meme-driven and innovative token concepts.

The Innovation Zone distinguishes itself through a suite of advanced and user-focused features, tailored to meet  demands of a dynamic and bullish market environment. Rapid token listings are facilitated by a professional research team operating 24/7, offering users timely access to high-potential projects. Security remains a top priority, with stringent token contract audits designed to mitigate risks and protect users' investments. The platform also guarantees seamless transaction stability, even during peak market activity, supported by lightning-fast execution with millisecond-level processing speed. Additionally, a specialized market team works diligently to ensure low slippage, offering users optimal liquidity and an enhanced trading experience. These attributes collectively make the Spot Innovation Zone a robust platform for exploring new market opportunities effectively.

"BingX has always been committed to driving innovation and delivering user-centric solutions that cater to the evolving needs of the global crypto community," said Vivien Lin, Chief Product Officer of BingX. "The launch of the Spot Innovation Zone reflects our dedication to staying at the forefront of market trends and enabling our users to seize opportunities. By offering timely access to trending tokens, including those rooted in emerging concepts like DeSci, we ensure that users are well-positioned to engage with high-potential projects. For instance, tokens such as $RIF and $URO, which were listed in our Innovation Zone, have seen remarkable performance after listing. This demonstrates our ability to identify and capture market hotspots effectively."

With the launch of the Spot Innovation Zone, BingX once again demonstrates its commitment to innovation and adaptability within the cryptocurrency industry. Following the success of its Spot MEME Zone, which continues to attract significant attention and provide substantial opportunities for users, BingX solidifies its position as a leader in identifying and capitalizing on emerging trends. Notably, MEME Zone tokens like $GOAT and $PNUT have experienced remarkable price surges since listing, offering users exciting opportunities for growth. The Spot Innovation Zone builds on this momentum, further empowering users to engage with trending tokens in a secure, efficient, and dynamic environment. As BingX broadens its offerings, it remains steadfast in its mission to equip its global user base with the tools, insights, and resources needed to make informed decisions and optimize their trading strategies in the rapidly evolving crypto landscape.

About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

BingX Launches Spot Innovation Zone to Capture Opportunities in Bullish Markets