Al-Othaim Investment Company, a leader in developing commercial complexes, has announced the launch of the Al-Othaim Cruise Hail project in Hail, Saudi Arabia. The ambitious venture is part of the company’s strategic expansion and will see the Saudi-based developer launch several projects in various regions of the kingdom.
The first-of-its-kind cruise ship project will encompass a total area of 77,000m2 and offer a unique blend of facilities and services built to international standards. Central to the project is a massive commercial mall encompassing 118,000m2 of rental space, featuring various local and international brands to cater to diverse tastes and needs.
The development will also include a five-star international hotel with 120 rooms and 156 hotel apartments, promising an exceptional stay with top-tier hospitality and comfort standards.
In addition to retail and hospitality, the Al-Othaim Cruise Hail project will feature smartly designed office spaces across six floors, totalling over 4,000m2. These offices will be tailored to meet the needs of entrepreneurs and businesses, providing an ideal work environment.
Furthermore, the project will have abundant residential options, including 276 units with diverse designs to accommodate families and individuals. Additionally, the development will also comprise 16 luxurious palaces, each an architectural masterpiece that will significantly enhance the project’s overall appeal.
Lastly, the project will incorporate integrated entertainment services, including a water games area suitable for all ages and a variety of restaurants and cafes serving cuisine from around the world. It also boasts extensive green spaces for relaxation as well as a parking facility that can accommodate over 1,700 vehicles, ensuring visitor convenience and ease of transportation.
Strategically located in the heart of Hail, Al-Othaim Cruise Hail is easily accessible from all parts of the city, further enhancing its appeal. The project will be supported by a dedicated team of 4,000 highly qualified young men and women from across the nation, committed to providing the best possible service to visitors.
Commenting on the luxurious project, Mishal bin Omairah, CEO of Al-Othaim Investment Company, highlighted that the Al-Othaim Cruise Hail project is a significant addition to Hail, strengthening its position as a premier tourist and commercial destination. He emphasised that the project aligns with Al-Othaim Investment’s commitment to delivering innovative projects that meet societal needs, contribute to economic diversification, and establish new standards in shopping, hospitality, and entertainment.
“The project comes within the framework of Al-Othaim Investment’s commitment to provide innovative projects that meet the needs of society and contribute to the diversification and development of the national economy,” said Omairah.
“It establishes new standards for shopping, hospitality, and entertainment in the city of Hail as part of the company’s efforts to achieve the goals of the kingdom’s ambitious Vision 2030 as part of the private sector’s contribution to creating investments. Upscale projects such as these will enhance the quality of life in various regions in the kingdom and uncover promising opportunities for the nation.”
As part of its long-term strategy, Al-Othaim Investment’s expansion approach includes the development of major commercial centres, with 12 complexes under the Othaim Mall brand, which is anticipated to attract 50 million visitors annually. These projects span multiple cities, including Riyadh, Buraidah, Al-Madhanb, Al-Qurayyat, Abha, Taif, Jazan, Medina, Al-Ahsa, Jubail, Al-Khobar, Dammam, and Al-Kharj.
With investments exceeding SAR15 billion, these ventures are set to create over 50,000 direct and indirect job opportunities, fostering a dynamic work environment that promotes professional growth and development, as well as diversifying the kingdom’s economy.