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FINANCIAL NEWS
Qatar hotel projects worth USD 7bn
09 Mar 2016
(MENAFN) With whole investment of USD 7bn, construction of more than 65 hotels are planned in Qatar, among these include properties run by JW Marriot, Hilton and others.
Moreover, Qatar is the head of a local tourism investment drive, while the number of rooms in the construction pipeline is more than 10,000.
Additionally, the rooms would contain 240 different hotels ranging between two and five stars, involving a cruise ship at Al-Wakrah with 6,000 rooms.
“Hotel building and tourism development in general in Qatar is going through unprecedented growth, said Director of Content & Analysis at MEED Projects.
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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