Friday 27 May 2016
Makkah hotel

Elaf Group plans new hotel in Makkah

Saudi Arabia-based Elaf Group of Companies, a leading travel and tourism group, has leased a new hotel located in the heart of Makkah. According to the company’s senior executives, the Elaf Al Salam will soon be opened and i


Binladin Group readies $266m for Makkah hotel

Construction conglomerate Saudi Binladin Group has raised SR1 billion ($266.7 million) through an Islamic bond to finance a hotel, the lead arranger said on Wednesday. The sukuk, arranged by HSBC Saudi Arabia, has a five-year maturity with

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