Abdul Latif Jameel Real Estate Investment Co to develop group of Hotels in Makkah

Abdul Latif Jameel Real Estate Investment Company is investing ten billion Saudi riyals (Dh9.7 billion) to develop new hotels in Makkah.

The Saudi developer is pumping in four billion Saudi riyals to construct 8,500 new rooms in a group of hotels expected to be delivered in five years and spending six billion Saudi riyals on the land.

The Jabal Al Kaaba project is one of several burgeoning hospitality projects in Saudi Arabia aimed at accommodating demand for rooms especially around the busy Haj season and Umrah.