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Signing Ceremony Between Durat Al Riyadh and Al Khozama Management, Co. 'AKMC' - In conjunction with accomplishment of final phases of the project, a press conference was held revealing the details of the cooperation agreement and memorandum of understanding (MOU) signed between: Durat Al Riyadh CO, Al Khuzam Management Co
Signing Ceremony Between Durat Al Riyadh and Al Khozama Management, Co. 'AKMC'

 

PRZOOM - /newswire/ - Riyadh, Central, Saudi Arabia, 2008/04/24 - In conjunction with accomplishment of final phases of the project, a press conference was held revealing the details of the cooperation agreement and memorandum of understanding (MOU) signed between: Durat Al Riyadh CO, Al Khuzam Management Co "AKMC".

   
 
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In the evening of the day before yesterday, and in conjunction with the signing of a Memorandum of understanding (MOU), management and operation agreement between Al Khuzamah CO. and Durat Al Riyadh Real Estate Development CO, a press conference was held at Al Faisaliah Hotel In Riyadh, in the presence of his royal highness Prince Bandar bin Saud bin Khalid AL Saud and Sheikh Abdullah Saleh Kamel.

Mr. Musaed Al Saeed the CEO of AL Khozama CO. and his Excellency Eng. Hamzah AL Atas the general manager of Durat Al Riyadh represented the parties in signing the MOU. During the press conference that followed the signing of the MOU, they speak about Al Khozama Co. investing in Daurat AL Riyadh project (residential suburb) and the agreement signed between the parties which will entail an MOU for the provision operation services for the Hotel intended to be constructed in Durat Al Riyadh and AL Khozama Management Co. has signed technical services agreement with Rosewood for Hotels & resorts. They spoke about future plans, Hotel construction phases and stages which are expected to be completed by the end of year 2011. Durat Al Riyadh is dedicated to perfecting the life experience through continuous innovation and the highest standards of hospitality. The total area of this hotel is 25,000 square meters including 40 villas, 150 rooms with elegant surroundings. In addition it will be ideal venue for spa, swimming, conferences and meetings. AL Khozama Management Co "AKMC" will enter into a discussion with Rosewood hotels and resort for management and license agreement in a later stage. In the mean time a group of global companies are now doing the final touches for the Hotel design.

His Excellency Eng. Al Atas stated that Al Riyadh Co and within its endeavors to provide the best for Durat Al Riyadh residential suburb has opt to Al Khozama Co. "which operates a number of hotels and resort this agreement to provide the technical support and operate to Durat Alryadh hotel. Thru Rosewood hotels & resort, He says that they were very keen to benefit from the experience of these international companies, which are well known in their specialization. The signing of the agreement at this time stems from the importance of Al Khuzamah and the group to join us in every step in the implementation of the Hotel project. Starting from the preparation of the designs up to the completion of the project. He notes that the hotel project management had received a great number of proposals, but they choose Al Khuzamah Co. "AKMC" as to their enthusiasm for the project uniqueness at the Kingdom level.

From his side, his Excellency Mr. Musaed AL Saeed the CEO of Al Khuzamah Co expresses his happiness for the signing of the MOU, he thanked Durat Al Riyadh management for the confidence they placed in his company which will always be keen to highlight the uniqueness of Durat Al Riyadh. He said that the signing of the agreement is the culmination of the company's policy and it's uniqueness in providing services to Hotel sector and continued development of it's marketing plans to consolidate the success and spread of the company to maintain excellence and always at the forefront. And it's commitment to provide personal services that suits with the clients requirements.

 
 
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Signing Ceremony Between Durat Al Riyadh and Al Khozama Management, Co. 'AKMC'

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