Saudi investment firm awards $115m contract for new 5-star hotel in Madinah

Saudi Arabia's Taiba Investments Co. has awarded the construction contract for Sheraton Taiba Hotel project in Madinah to Saudi Arabian Construction Company for 430.7 million Saudi riyals ($114.6 million).

The twin-tower, 19-storey project will feature 435 keys with the two towers connected by a bridge.

Read the full story at Zawya

Farah - News Editor