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Seef Properties enters into partnership with Majd Investment

Seef Properties, the largest integrated developer of retail and entertainment destinations in the Kingdom of Bahrain, has formed a strategic partnership with Saudi-based investment company, Majd Investment Company to work on a mixed-use project in Dammam. The project, valued at around $132 million (BD50 million), marks Seef Properties’ inaugural venture in Saudi Arabia. The announcement […]

Saudi TDF to build $372m multi-use resort in Eastern Region

Saudi Arabia’s Tourism Development Fund (TDF) has announced plans to develop a multi-use resort on Half Moon Beach in the kingdom’s Eastern Province at an investment of SAR1.4 billion ($372 million). Spanning over a 262,000-sq-m area, the project will be operated under the Rixos brand and fully managed by global hospitality leader Accor. On completion, […]

Seef Properties enters into partnership with Majd Investment

Seef Properties, the largest integrated developer of retail and entertainment destinations in the Kingdom of Bahrain, has formed a strategic partnership with Saudi-based investment company, Majd Investment Company to work on a mixed-use project in Dammam. The project, valued at around $132 million (BD50 million), marks Seef Properties’ inaugural venture in Saudi Arabia. The announcement […]

Saudi TDF to build $372m multi-use resort in Eastern Region

Saudi Arabia’s Tourism Development Fund (TDF) has announced plans to develop a multi-use resort on Half Moon Beach in the kingdom’s Eastern Province at an investment of SAR1.4 billion ($372 million). Spanning over a 262,000-sq-m area, the project will be operated under the Rixos brand and fully managed by global hospitality leader Accor. On completion, […]