Investments & Funding

The developments include Shaza Riyadh Stables Resort, Mysk Residences Riyadh, and Mysk Al Haramain Hotels – 3 & 4 in Makkah.

The fund also announced a financing deal worth SAR 700 million (US$187 million) with Modern Choice Development to bring Earth Hotels to Riyadh, featuring 86 rooms on 11,762 sqm.

Crowne Plaza Multan will join IHG’s portfolio of over 415 open hotels and nearly 150 in development worldwide.

Key leaders from Kerzner and Assets Group emphasized the resort’s innovation, cultural authenticity, and legacy vision, aiming to create remarkable, family-friendly luxury experiences that blend harmoniously with the natural surroundings.

The increased flight frequencies reflect FlyNamibia’s ongoing commitment to fostering regional integration, encouraging economic growth, and strengthening tourism networks across Southern Africa.

This capital infusion underpins an ambitious plan to expand Burger King’s outlet count from approximately 1,250 restaurants in late 2025 to over 4,000 by 2035, aiming to effectively double the estate within the next five years.

Project Manager Ajayi Simeon explained that the hotel offers exceptional facilities, including a stunning suspended pool, state-of-the-art event spaces, and elegantly furnished accommodations designed for comfort and luxury.

The first phase will feature 16 country pavilions representing diverse international cultures, an open-air theater with a 10,000-person capacity, a floating restaurant on the lake, water and electronic games, and a variety of international cuisine outlets.

Hilton has made remarkable investments in Saudi Arabia over the past two years, with a combined owner and investor commitment of around US$8 billion.