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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Fatehelrahman Yousif

Saudi-British Partnership to Establish First Hospitality Investment Fund

The CEO of Soric International, Mark Blick (Asharq Al-Awsat)

A British giant in the global hospitality industry has revealed talks with Saudi authorities to establish a fund aimed at accelerating and developing investment in the kingdom’s hotel sector.

CEO of Soric International Mark Blick told Asharq Al-Awsat that he recently conducted discussions with the Investment Ministry regarding ways to develop new hotels and hotel apartments, while ensuring that the product offering in Saudi Arabia is attractive to international visitors.

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