08 Jan 2011
(MENAFN) Chinese chief official of the Mentougou district, Wang Hongzhong, said that his country inked an agreement with the Kingdom of Saudi Arabia for building a luxury hotel in China that is modeled in the same way as the famous Burj Khalifa of Dubai, reported Tehran Times.
Hongzhong added in a press conference that this deal would cost $1.3 billion. The hotel would be located at the end of Chang An avenue, which runs across the Chinese capital�s Tiananmen Square district.
Hongzhong added that graphics and planning of the project were finished. He said that once the project is completed the hotel would gain a seven-star rating.
It is worth noting that Burj Khalifa was launched at the beginning of 2010 as the tallest building in the world with 828m of height. It had cost around $1.5 billion.
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more