Wednesday, March 18, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Banking & Finance

Taj Hotel brand in Makkah

Fiinews by Fiinews
May 1, 2018
in Banking & Finance, Contract, Investment, Projects
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Hotel to open in 2023

From left: Hisham Ebeid, senior executive, hospitality, Umm Al Qura, and Puneet Chhatwal, MD and CEO, The Indian Hotels Company.

The Indian Hotels Company (IHCL) has formed a partnership with Saudi Arabia’s Umm Al Qura Development and Construction Company for a hotel development in the King Abdul Aziz Road (KAAR) project.

The hotel, scheduled to open in January 2023, will have approximately 340 keys, banqueting facilities and several restaurants to serve all tastes.

It will also be in close proximity to commercial offices, retail stores and restaurants within KAAR project, one of the largest urban rejuvenation projects in the city of Makkah.

The proposed hotel is situated within walking distance of the Grand Mosque (Masjid Al-Haram), the main attraction for over 6 million pilgrims who visit the city each year.

Commenting on the signing of the patnership, Puneet Chhatwal, managing director and chief executive officer, IHCL, said, “We are bringing the first Taj hotel to Saudi Arabia. This is aligned to our strategy of a strong focus on global growth markets and to be present where our guests travel to.

“We are committed to expanding our presence in the MENA region,” he assured.

Commenting on the partnership, Eng. Mohammad Al Ganawi, chief executive officer of Umm Al Qura Development and Construction Company, said, “We look forward to working with them to bring the iconic Taj brand to the unique development project in Makkah.”

The hotel will be IHCL’s fourth venture in the MENA region, said the company in a statement of 17 April 2018.

The company manages Taj Dubai located in the Burj Khalifa downtown area. It will also open another two hotels in Dubai in the next twelve to eighteen months. fii-news.com

Tags: The Indian Hotels Company
ShareTweetShare

Related Posts

PMI
Investment

Invest: KKR commits $310m to Indian e-bus platform

by Fiinews
March 18, 2026
0
13

India represents one of the significant opportunities for energy sector globally KKR, a leading global investment firm from the United...

Samsung
Projects

Project: RIL-Samsung signs Green Ammonia SPA

by Fiinews
March 18, 2026
0
17

Indian-Korean groups work on green energy Reliance Industries Limited (RIL) has entered into a binding long-term Supply and Purchase Agreement...

NSE

Invest: Tech helped NSE crosses 11 crore investors

March 16, 2026
16
Gift nifty

Invest: Gift Nifty captures global market trends

March 16, 2026
16
Re Sustainability

Project: Partnership to work on low-carbon economy

March 16, 2026
15
Aahar web banner 1

Invest: Food sector gets Rs.17,015.8cr PMFME

March 14, 2026
11
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: Grade A property demand at 70-75 msf
  • Invest: KKR commits $310m to Indian e-bus platform
  • Market: Young educated but get jobs challenge
  • Manufacture: Govt’s initiatives on textiles listed
  • Tech: Organisations struggle on energy efficiency

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.