Turnpage

Please visit our sponsors

RSS Feed
 

Current News & Press

 

Advertisement

The Bahamas Investor

News & Press Archives

 
The Bahamas Investor on facebookFollow The Bahamas Investor on TwitterSubscribe to RSS feeds from The Bahamas Investor
HOME > 
News & Press > 
Kerzner to Build Saudi Arabia’s first One & Only Resort

Kerzner International Holdings Ltd, builder of Atlantis resorts in The Bahamas and Dubai, formed a partnership to construct Saudi Arabia’s first One & Only resort. Kerzner joined with Al Khozama Management Co and Saudi Oger Ltd to build the project north of Jeddah on the Red Sea, the companies said in a statement yesterday. 

Source:
Date:
Updated:
Author:
Businessweek
Tuesday, May 21, 2013
Tuesday, May 21, 2013
Zainab Fattah

Kerzner International Holdings Ltd., builder of Atlantis resorts in the Bahamas and Dubai, formed a partnership to construct Saudi Arabia’s first One & Only resort.

Kerzner, based in the Bahamas, joined with Al Khozama Management Co. and Saudi Oger Ltd. to build the project north of Jeddah on the Red Sea, the companies said in a statement today. The resort is designed to include 150 rooms, suites and villas as well as restaurants, meeting rooms and a spa on 95,000 square meters (23.5 acres) of land.

This is an excerpt from Businessweek as it appeared on May 21, 2013. For updates or to read the current version of this post in its entirety, please click here.

Continue reading this post >

Morgans Hotel Group Co (NASDAQ: MHGC), which has a partnership with Baha Mar in The Bahamas, today provided clarification regarding statements made in a filing submitted by The Yucaipa Companies. The reference in the Yucaipa filing was to a letter received in November 2012 from a large international hotel company proposing to acquire all of the company's outstanding common stock for $7.50 per share in cash.

Realtors in The Bahamas are witnessing an uptick in sales in tandem with infrastructure upgrades and major construction products. Watch a ZNS News report here.

The Bahamas Investor
Administrative Links
  


  © 2017 ETIENNE DUPUCH JR PUBLICATIONS LTD