Elegancia Arabia, the Saudi subsidiary of Estithmar Holding, secures two new MEP projects on Al Shura Island – The Peninsula

Elegancia Arabia, the Saudi subsidiary of Estithmar Holding, secures two new MEP projects on Al Shura Island – The Peninsula

Doha, Qatar: Estithmar Holding QPSC is proud to announce that, its subsidiary in the Kingdom of Saudi Arabia 'Elegancia Arabia Trading Company', has been awarded two new MEP package works for the West Hotel 3 and 4 (200 keys each), in addition to the ongoing MEP package works for the Central Hotel (430 Keys), and two hotels on the East side of the island (150 and 180 keys) in Al Shura Development.

These premium resorts are part of the 11 underway on the main hub island of The Red Sea destination under development in the Kingdom of Saudi Arabia and holds LEED platinum rating and features a built-up area of 88,269 sqm, marking this one of the largest developments in the Kingdom and a flag bearer for regenerative tourism worldwide.