Saudi Arabia's Kingdom Hotel Investments (KHI) has announced a $200 million capital infusion with IFA in the proposed Fairmont Palm Hotel & Resort in Dubai’s Palm Island Jumeirah. The investment, which is KHI’s fourth in Dubai, was announced last year at the Arabian travel market, during which the strategic alliance between KHI, IFA and Fairmont was unveiled. According to Arab News , the proposed hotel, expected to open during the ...