The Middle East Beckons For Hong Kong's Regal Hotel Chain - NIO (NYSE:NIO)

Key Takeaways: Regal Hotels and its sister property company Cosmopolitan International have signed a memorandum of cooperation with Saudi Arabia to develop hotels in the Middle East The partnership envisages an investment of up to $5 billion to build 50 hotels in the region, of which 30 would be in Saudi Arabia

Related Keywords

Shanghai ,China ,Shanxi ,Fujian ,Abu Dhabi ,Abuz Aby ,United Arab Emirates ,Hong Kong ,Qatar ,Flo Ying ,Hebei ,Saudi Arabia ,Chengdu ,Sichuan ,Dezhou ,Shandong ,Jiangsu ,Chinese ,Saudi ,Lee Ka Chiu ,Saleh Al Khabti ,December Hong Kong ,Saudi Arabia Tourism Development Fund ,Regala Skycity Hotel ,Qatar Investment Authority ,Cosmopolitan Internationalholdings Ltd ,Abu Dhabi Investment Authority ,Ministry Of Investment ,Kingdee International ,Cosmopolitan International ,Regal Hotels ,Regal Hotels International Holdings ,Middle East ,Cosmopolitan Internationalholdings ,Deputy Investment Minister Saleh Al Khabti ,Middle Eastern ,Haichang Ocean Park ,Tourism Development Fund ,Hong Kong Based ,Great Eagle ,Yuk Sui ,Century City ,Saudi Spenders ,Shandong Province ,Shanxi Province ,