Shomoul Holding awards Riyadh mall deal to Nesma & Partners

Updated 16 September 2019

Shomoul Holding awards Riyadh mall deal to Nesma & Partners

Shomoul Commercial Company, a subsidiary of Shomoul Holding, has announced awarding the first design and construction phase of The Avenues-Riyadh project to Nesma & Partners Contracting Company Ltd, in a $1.6 billion deal.
The deal was initiated by a letter of intent valued at $18 million signed by Waleed Alsharian, CEO at Shomoul Holding, and Abdul Aziz bin Ali Al-Turki, chairman at Nesma & Partners.
Alsharian expressed happiness over awarding the project to “one of the Kingdom’s largest contractors known for completing major construction projects in Saudi Arabia and the GCC.” He said The Avenues-Riyadh is expected to become one of the world’s largest shopping malls and a prominent landmark in Riyadh.
Al-Turki said the deal presents an opportunity that will allow the two entities to work together as a team toward implementing the project as well as other potential prominent ventures in Saudi Arabia.
The project will cover an area of 1.9 million square meters, and will feature a shopping mall with an area of 400,000 square meters, which will house more than 1,300 stores, in addition to five towers with commercial and residential facilities and four hotels.


Russia’s cultural capital beckons GCC travelers

Updated 17 October 2019

Russia’s cultural capital beckons GCC travelers

  • Citizens of Oman, Kuwait and Saudi Arabia can now benefit from fast and convenient 
eVisa portal when arranging their next visit to the city of St. Petersburg.
Guarded by two marble lions at the entrance, the Four Seasons Hotel Lion Palace St. Petersburg sits within the walls of a 19th-century royal palace in the beautifully preserved imperial city of St. Petersburg. Celebrated globally for its history and architecture, Russia’s cultural capital recently became an even more attractive destination for GCC travelers thanks to the introduction of a convenient new online eVisa process.
Launched at the beginning of October, the St. Petersburg eVisa portal enables citizens from Saudi Arabia, Kuwait and Oman to enjoy the benefits of fast and simple online visa applications. Travelers can simply fill in the online form, upload a photograph, and can complete the entire process in just a few clicks. Applications can be made within 20 days of traveling, and up to four days before arrival. The visa is valid for stays of up to eight days in St. Petersburg and the surrounding Leningrad Region.
Felix Murillo, general manager of Four Seasons Hotel Lion Palace St. Petersburg, said: “The introduction of the eVisa portal offers a new level of convenience for international travelers, making it easier than ever for GCC citizens to arrange a trip to our wonderful city. Our concierge team takes great pleasure in highlighting St. Petersburg’s historical and cultural visitor attractions, and will be happy to arrange anything our guests may require to turn every trip into an unforgettable experience. We look forward to welcoming visitors from the Middle East to our beautiful hotel to share cherished moments and create memories that will last a lifetime.”
The Four Seasons Hotel Lion Palace St. Petersburg is located in the upmarket Admiralteysky district and was originally constructed in the early 19th century for Prince Alexander Yakovlevich Lobanov-Rostovsky.
Since first opening its doors to guests in 2013, the property offers 183 rooms, including 26 sumptuously decorated suites.
Perhaps the most stunning of the hotel’s accommodations is the one-of-a-kind Lobanov Presidential Suite, where guests can gather by the living room fireplace for a night of intimate conversation, host an al fresco dinner party on the expansive private terrace with stunning views of the Admiralty building and the surrounding park, or retreat to the grand master bedroom for a quiet and cosy evening.
The hotel is inviting guests to embark on a range of culinary adventures across its three restaurants. Diners can experience pan-asian fusion flavors at Sintoho, authentic Italian dishes at Percorso and modern Russian cuisine at The Tea Lounge.
Catering to the needs of visitors from the Middle East, halal meat is available on request.