Venture Group MEA to strengthen its presence in the KSA

Venture Group MEA to strengthen its presence in the KSA

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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