Business
St Kitts attracts major Middle East investment
Thursday, March 15, 2012
St Kitts has been included in the US$1 billion expansion plans of Range Hospitality, a Dubai-based developer that specializes in hotel and residential development.
According to a recent article in Arabian Business, Range Hospitality is planning a tourism development on St Kitts, as part of its investment in new projects over the next three to four years.
Munaf Ali, CEO of the company which specializes in developing hotels and residences in pilgrimage sites, told Arabian Business that the company is planning to build five-star properties in Mecca and Medina, as well as a project in St Kitts through its Range Developments company.