VOL. XLV
No 18
6-May-2002
SAUDI ARABIA
Saudi Prince al-WalidStarts $1Bn Hotel Investment Group
Saudi entrepreneur Prince al-Walidibn Talal ibn 'Abd al-'Azizsaid 29 April that he was starting a $1bn group to invest in hotels in the Middle East. He has consolidated his Middle Eastern hotel assetsinto an independent entity called Kingdom Hotel Investment Group (KHI), whichcurrently owns 10 properties in the Middle East and, through local partners,controls real estate worth more than $1bn. KHI...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!