Prince alwaleed opens $137m Raffles Seychelles

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), opened the Raffles Seychelles Resort and Residences on the northeast tip of Praslin Island, the second largest island in the Seychelles, on Monday. The inauguration was attended by Simon Hirst, GM, Raffles Seychelles Resort and Residences, and a delegation from KHC that included Nahla Alanbar, private executive assistant to the chairman; Amani Algahtani, assistant executive manager, the Prince's Palace: Naief Alzuhair, manager, website and social media, corporate communications department; Manal Alshammary, protocol department manager; Hani Agha, senior manager for travel and external affairs; Fahad bin Saad bin Nafel, executive assistant to the chairman; and the Resort and Residences executives and Mohammed Alfaraj, assistant manager, travel and external affairs. The Raffles Seychelles Resort and Residences is a 90- luxury villa resort hotel and 17 private residential villas. The cost of the Raffles Seychelles Resort and Residences is $ 137 million and managed by Fairmont in which KHC owns a 38 percent stake. Source: ArabNews