Taiba Investments Enters SAR 2.4 Billion Joint Venture with Osool for Hotel Development in Saudi Arabia
Taiba Investments Co., listed on the Tadawul, has entered a SAR 2.4 billion joint venture with Osool Integrated Real Estate to develop three hotels in Madinah under Vision 2030's tourism expansion goals. The partnership aims to create 1,500 new hotel rooms and is supported by strong occupancy rates reported for the region.
Topics: hospitality joint_venture Madinah Vision2030