Kuwait launches country’s largest commercial and hotel project

Kuwait launches country’s largest commercial and hotel project

Valued at $585 million and set to start opening in 2020, strategically located in the heart of Kuwait City and is the brainchild of Salhia Real Estate.

Chairman of the Board, Ghazi Al-Nafisi, Salhia Real Estate

Kuwait has launched the country’s biggest commercial project valued at $585 million with various divisions set to start operations in 2020. It is strategically located in the heart of Kuwait and is the brainchild of Salhia Real Estate. The launch was announced during the company’s general assembly after a very promising year.

Commenting, Chairman of the Board Ghazi Al-Nafisi said, “The ‘Capital Project’, is a huge landmark for the hospitality, hotel and shopping sector. The first phase of the mall is planned for the first quarter of next year and is designed for retail outlets, restaurants, cafes, leisure activities, cinemas and a health club. In October 2020, the hotel segment will open an 11-floor structure comprised of 164 suites, restaurants and multi-purpose halls. The third stage will see the launch of a 54-story commercial office tower. Part of the project will be dedicated to internal services and parking structures set to open early 2021. The entire project occupies a massive 300,000 square meter area with 60% of the commercial spaces officially rented.”

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Rita Ghantous

Rita Ghantous is a hospitality aficionado and a passionate writer with over 9 years’ experience in journalism and 5 years experience in the hospitality sector. Her passion for the performance arts and writing, started early. At 10 years old she was praised for her solo performance of the Beatles song “All My Love” accompanied by a guitarist, and was approached by a French talent scout during her school play. However, her love for writing was stronger. Fresh out of school, she became a freelance journalist for Noun Magazine and was awarded the Silver Award Cup for Outstanding Poetry, by The International Library of Poetry (Washington DC). She studied Business Management and earned a Masters degree from Saint Joseph University (USJ), her thesis was published in the Proche-Orient, Études en Management book. She then pursued a career in the hospitality industry but didn’t give up writing, that is why she launched the Four Points by Sheraton Le Verdun Newsletter. Her love for the industry and journalism led her to Hospitality Services - the organizers of the HORECA trade show in Lebanon, Saudi Arabia, Kuwait and Jordan, as well as Salon Du Chocolat, Beirut Cooking Festival, Whisky Live and other regional shows. She is currently the Publications Executive of Hospitality News Middle East, Taste & Flavors and Lebanon Traveler. It is with ultimate devotion for her magazines that she demonstrates her hospitality savoir-faire.

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