Apr 02 2012 |
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JIG to build 3 hotels in Saudi Arabia
Al-Jazeera International Group (JIG) of Qatar plans to build three five-star hotels in Saudi Arabia at a cost of SR1.5 billion, according to JIG Chairman Jassim bin Nasser Al-Thani.The JIG Chairman, who announced the projects during a signing ceremony with an Irish company, said there was a plan to build two hotels and a shopping mall in Ahsa and Alkhobar cities of the Eastern Region and the third hotel in Riyadh.
He said a deal on the Alkhobar Hotel would be signed with Irish company Peter Williams within two weeks.
He said his group would build the five-star hotel in Riyadh, which will be located opposite to the Kingdom Tower, and will have 20 stories. A contract for this will be signed during the next three months, he said.
© Arab News 2012
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