News & Insights

Events / October 7, 2024

On the Sidelines of the Future Hospitality Summit in Dubai: Al Kathiri Holding Signs a Strategic MoU with Knight Frank Global

Al Kathiri Holding is pleased to announce the signing of a strategic Memorandum of Understanding (MoU) with Knight Frank Global to explore and evaluate investment opportunities in the hospitality sector within Saudi Arabia. The agreement was formalized during the Future Hospitality Summit held in Dubai.

Commenting on the partnership, Omar Al Zamil, Business Advisor at Al Kathiri Holding, expressed his enthusiasm:

“I am delighted to have signed a strategic MoU with Knight Frank Global, as part of our ongoing efforts to diversify our investment portfolio into new sectors that contribute to building a better quality of life and align with Saudi Vision 2030. This partnership represents a strategic step toward solidifying the company’s role as a key contributor to sustainable development in the Kingdom.”

This collaboration underscores Al Kathiri Holding’s commitment to expanding its investment horizons and keeping pace with the rapid growth of the tourism and hospitality sector, which serves as a cornerstone of Saudi Arabia’s Vision 2030.