Syria: Gulf investors to build new resort
Investors from Kuwait, Saudi Arabia and Syria received Wednesday an official approval to build a resort in the northern Syrian city of Aleppo with a total cost of $140 million. According to Kuna, the resort which includes three, four and five star hotels containing 900 beds. Recently, the largest tourism project in Syria was launched by Kuwaiti’s Mohammad Abdul-Mohsen Al-Kharafi Company and Syria’s InterContinental Hotel with a total cost of $236 million.
- Nakheel to build new resort
- Saudi Investors to Build $75-$100m Bahrain Resort
- Kuwaiti Al-Khorafi to build new Saudi embassy
- More Arab & foreign investors drawn by 8.8 per cent average annual growth rate of Syria’s real estate sector
- From most isolated economy to 93% surge in tourism: you won't believe which country Gulf investors are flocking towards