Saudi Hotels & Resort Areas Co. - SHARCO

The construction, acquisition and management of hotels, restaurants, rest areas and private beaches and to perform all related catering services independently or through others. Saudi Hotels Co. has investments in other companies, namely: Tabuk Hotels Co. 52.38%, Makkah Hotels Co. 51.11%, Al Nakheel Resorts Co. 50.63%, Gulf Resorts Co. 50.48%, Madinah Hotels Co. 50%, Riyadh Hotels & Entertainment Co. 50.41%. The total investments of Saudi Hotels & Resort Areas Co. in these companies are approximately SR 455.1 million.