Hotel investment and development in Saudi ArabiaNick Clayson
HONG KONG,Dec. 21, 2023/PRNewswire/ -- The Ministry of Investment ofSaudi Arabia(MISA), Regal Hotels Group and Cosmopolitan International Group are pleased to announce the signing of a Memorandum of Understanding (MoU) to jointly explore a strategic partnership in hotel development and management....
PERTH, Australia, Oct. 13 (Xinhua) -- The Group CEO of Saudi Arabia's Diriyah Company sees "enormous" investment opportunities for Chinese companies, saying that "never in history" has the relationship between the kingdom and China been better. "2024 is a very big year for us," Jerry In...
The newly-launched Saudi Egyptian Investment Company (SEIC) has acquired minority stakes in 4 Egyptian companies worth around $1.3 billion, revealed the Ministry of Planning and Economic Development earlier today. The SEIC acquired stakes in Abu Qir Fertilizers and Chemical Industries, Misr ...
Former President and CEO Le Meridien Hotel Group Former CEO Societe Des Bains De Mer, Monte Carlo Bernard Granier Independent Member Former CEO Concorde Hotels Former President Mövenpick Hotel Executive Board Dr. Awais Ahmad CEO ERİM KARGACI ...
SEDCO Holding, a leading investment company, has announced a collaboration agreement with Bab Rizq Jameel Micro-Finance during the StartSmart event at the Jeddah Hilton Hotel. Read more SEDCO Holding to Host 20 Workshops for Entrepreneurs Through “Rowad” Program ...
PERTH, Australia, Oct. 13 (Xinhua) -- The Group CEO of Saudi Arabia's Diriyah Company sees "enormous" investment opportunities for Chinese companies, saying that "never in history" has the relationship between the kingdom and China been better. ...
That places Saudi Arabia only after China and the US in the global hotel construction market. But that’s not all. Under Vision 2030, the Kingdom’s hotel sector is expected to grow further, and have 310,000 hotel rooms by 2030 with an investment size of $110 billion, data ...
The project will be built in one of the world's most beautiful and diverse natural spots, in cooperation with the world's largest hotel companies to develop exceptional resorts, it said. The resorts will be built on more than 50 natural islands in the Red Sea between the cities of Amlaj...
Since Makkah is preparing for a new age in hospitality, Umm Al-Qura and GAA's joint efforts represent an important turning point. In line with Saudi Arabia's Vision 2030, the SAR2.5 billion investment in the hotel industry not only meets the urgent need for better lodging but also establish...