The General Commission of Investment signed here today a memorandum of understanding with Siraj Capital Limited Company and British DTZ Corporation to establish Siraj Company for Hotel and Resort Investment with a paid capital of $ 500 million to particularly invest in some hotels in King Abdullah Economic City. The memorandum was signed by the Commission's Governor Amr Al-Dabbagh; Chairman of Board of Directors of Siraj Capital Dr. Ghassan Al-Sulaiman and DTZ's Executive President for Financial Services Simon Peril. Following the signing ceremony, Al-Aqariyah I'mar (Real Estate Construction) signed a memorandum of understanding with Siraj Company for Hotel and Resort Investment to invest $ 75 million in support of the new company.
