VOL. XLI
No. 22
1-June-1998
LEBANON
Prince Al-Walid To Invest $250Mn In Beirut Hotel Complex
Prince al-Walid ibn Talal of Saudi Arabia has signed a deal with Lebanon's SolidereGroup to build a $250mn luxury hotel complex in Beirut. The Four Seasons complex willinclude a 260-room seaside hotel and luxury housing units and commercial shops. ThePrince's investments in Lebanon already include interests in two television stations, twobanks and two hotels. He has also acquired a stake in a Lebanese...
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