Qatar Islamic Bank (QIB) signed a contracting and supervisory contract worth QR50m - excluding the land value - for the establishment of a proposed 15-storeyed hotel in the Al Ghanem Ul Qadeem area, a news release said Sunday.
The contract has been signed by Abdul Rahman Mustafa, QIB's Acting General Manager, Ashraf Rushdi, Executive Manager, Investment and Hussein H Delir, general manager of Hassansco Company for Trading and Contracting, assigned for the execution of the project, and Ghassan Al Ya'coub, representative of the Consultant S W Urban Bureau.
The project would consist of 12 typical storeys plus a two-layer underground in addition to the ground and mezzanine floors. The hotel, planned to be a four or five stars, depending on Qatar Hotels Company's classification, wll consist of 200 rooms, 20 small wings and six large wings plus three different restaurants, and several other conventional facilities and a car park for 70 cars.
