The 316-room DoubleTree by Hilton Abu Dhabi Masdar City will comply with the environmental ethos of Masdar and seek to secure the prestigious ‘Estidama 3-pearl’ rating
Most of Saudi central bank’s net foreign assets are believed to be denominated in U.S. dollars, and much of that amount is in the form of U.S. Treasury bonds.
The new financing will be used to speed up plans for regional expansion, with GlamBox hoping to deliver its first products to Saudi before the end of the year.