Saudi Al Diri’i Group granted Venture Group MEA the development and the management rights of the iconic semi-island Belajio Jeddah.
Rabih Saba, managing partner of Venture Group MEA, said: “We will re-conceptualize, re-design, build, lease & operate this Jeddah corniche landmark. The entertainment hub will open mid-2021 and will feature restaurants, cafes, kids playgrounds, family edutainment center, outdoor cinemas, and lake related entertainment”.
Marwan Ayoub, managing partner of Venture Group MEA, added: “This project will be a part of many more to come, as we established Venture KSA this year in order to expand our operations in Saudi Arabia.”
Saba added: “We are bringing to the Saudi market expertise in this business sector as well as entertainment know-how. Venture Group MEA will be developing a solid pipeline of projects across the Kingdom. Our presence will be established in that key market as a main company offering a broad plethora of consulting and executive services to projects.”
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