GulfBase Live Support
12/02/2026 04:39 AST
Gulf Hotels Group (GHG) has announced its entry into the Saudi Arabian market through the signing of a Memorandum of Understanding covering three hotels in Makkah, totalling approximately 1000 rooms.
The agreement, signed between Gulf Hotels Group and Burhan Hotels, will see GHG act as operator and day-to-day manager of the portfolio, while engaging with international hotel brands as part of its broader expansion strategy.
Under the agreement, Gulf Hotels Group will lead a comprehensive renovation and repositioning programme across all three hotels, working closely with specialist consultants while engaging in discussions with a number of international hotel brands to establish globally recognised brand affiliations.
Ahmed Janahi, Group CEO of Gulf Hotels Group, said: "This partnership marks a strategic milestone for Gulf Hotels Group as we enter the Saudi market as a third-party operator. Makkah is one of the world's most dynamic hospitality markets, and this collaboration enables us to leverage more than five decades of proven operational excellence while supporting the Kingdom's position as a global hub for tourism and religious travel."
From Burhan Hotels, Khalid SaifAddin, Chairman of Burhan Hotels, said: "Makkah welcomes tens of millions of guests of God every year. We are proud to partner with Gulf Hotels Group, whose world-class operational expertise and deep regional knowledge make them the ideal partner to deliver an exceptional hospitality experience with leading international hotel brands, in line with the Kingdom's Vision 2030 ambitions."
Trade Arabia
13/08/2025
Gulf Hotels Group, a leading Bahraini hospitality company, has released its financial results for the six-month period ending June 30, 2025.
In the second quarter of 2025, the company repor
Trade Arabia
07/08/2016
Mr. Almoayyed announced that for the Half year ended 30 th June 2016 the Group achieved a total Gross Operating Revenue of BD 16.382 million and a Net Profit of BD 9.454 million after consolidating t
Press Release
09/11/2015
Gulf Hotels Group (GHG) has announced the commencement of a new project, entailing a multi-million dinar investment.
The Bahraini home-grown hotel operator said it has signed an agreement
Gulf Daily News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TALABAT | 0.84 | 0.00 (0.00 |
| AMR | 1.84 | -0.01 (-0.55 |
| ADAVIATION | 5.06 | -0.04 (-0.79 |
| ADNH | 0.38 | 0.00 (0.00 |
| ALG | 1,021.00 | -7.00 (-0.69 |
27/04/2026
QLM Life and Medical Insurance Company has reported strong insurance revenue of QR364mn in the first quarter (Q1) of 2026, up 22% on annualised basis.
Net profit was flat at QR15.3mn in Q1-2
Gulf Times
27/04/2026
Burgan Bank has concluded the resumption draws for its flagship Kanz account, crowning more than 250 winners - including Kanz's fourth millionaire - across postponed draws covering the period from Ma
Kuwait Times
27/04/2026
As part of its ongoing commitment to supporting small and medium sized enterprises and empowering Kuwaiti entrepreneurs, Gulf Bank resumed its distinctive community initiative, "Nuqsat Al Khaleej," i
Kuwait Times
27/04/2026
Al Meera Consumer Goods Company (almeera) is eyeing expansion plans, which include adding more branches across Qatar, developing private labels, and expanding partnerships with local suppliers to pro
Gulf Times
27/04/2026
Dukhan Bank has reported a net profit of QR429.5mn in the first three months of 2026, leading to earnings per share of QR0.075.
Total equity in Q1 2026 stood at QR15.6bn, reflecting a 2.5% i
Gulf Times