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Marassi Galleria, Marassi Al Bahrain, Bahrain
Developer: Eagle Hills
VOYAGER - MENA
PROJECTS ACROSS
THE MIDDLE EAST
His Royal Highness Prince Salman bin
Hamad Al Khalifa, the Crown Prince and
Prime Minister of Bahrain earlier this year
inaugurated the Marassi Galleria at Marassi
Al Bahrain. Marassi Galleria is the first
shopping resort in the Kingdom, located
within the Marassi Al Bahrain project, on
an area of 114,000sq m. The mall offers
visitors an integrated experience of
shopping, dining and entertainment and
sets a new standard for the retail sector at
a local and regional level. The mall contains
450 retail shops, including a group of
luxury international brands and provides
10,000 employment opportunities for
Bahraini nationals in both the mall and with Simaisma Project, Simaisma, Qatar
Developer: Qatari Diar Real Estate Investment Company
other companies in the broader project.
Marassi Galleria also has an entertainment
area that includes the largest aquarium
in the Kingdom, an underwater zoo, an
adventure park, and a cinema complex.
The commercial complex is connected to
two five-star resorts, the Address Marassi
Al Bahrain and Vida Marassi Al Bahrain.
Qatar is set to transform its tourism and
entertainment landscape with the launch
of the Simaisma Project, a $5.5 billion (20
billion riyal) development. This ambitious
project, led by the Ministry of Municipality
and developed by Qatari Diar Real Estate
Investment Company, a subsidiary of
Qatar’s sovereign wealth fund, aims to
create a new cultural landmark in the Middle
East. Spanning over eight million square
metres along seven kilometres of pristine
beachfront land, the Simaisma Project will
feature a major theme park, luxury resorts,
retail and dining spaces, an 18-hole golf
course, residential villas, a yacht club and 1,000sq m youth centre, a 6,000sq m span a gross floor area of over 300,000sq
a marina. This expansive development is hypermarket, two fountains and water m, located 40km from the coastline, near
attractions, a 3,000sq m health centre,
poised to set new standards for regional
Al Juraid Island and Berri Oil Field in the
A Gateway to tourism, offering a unique blend of leisure, 10-screen cinemas, 150 retail stores, 41 Arabian Gulf. THE RIG will seek to attract
over 900,000 annual visitors by 2032,
restaurants and cafes, 1,500 car parking
culture and luxury.
appealing to a wide range of domestic,
spaces, a Hilton Residence of 100 hotel
The Point represents a strategic
New Horizons partnership between the Red Sea Markets apartments & a Canopy by Hilton Hotel regional and international audiences,
with 150 Guest rooms.
For Real Estate Investment Company
including adrenaline seekers, explorers,
| Asir and the Tourism Development
In 2021, the Public Investment Fund (PIF)
seekers. The range of hospitality, leisure and
Fund. The Red Sea Markets Company announced THE RIG project, the world’s balanced holiday makers and relaxation
a member of the SEDCO Holding first adventure tourism destination on an entertainment and accommodation options
From the record-breaking skyscrapers of Dubai to the vibrant souks of Group, owns one of the most important offshore platform inspired by the design of provided by the scheme will include three
Marrakech, the MENA region is home to some of the world’s most ambitious shopping and entertainment projects in offshore oil platforms. Oil Park Development hotels totalling 800 rooms, along with 11
retail and leisure projects. Over the coming pages RLI will take a look the the Kingdom, Red Sea Mall in Jeddah and Company (OPDC) was established to lead restaurants, extreme sports & adventure
park, a world-class marina and helipads.
it is working to replicate this success in
the development of THE RIG. Project and it
current slate of world-class shopping destinations, entertainment complexes, Abha and position The Point as the Asir is in line with the PIF Strategy 2021-2025 to Saudi Arabia’s Abdullah Al-Othaim
cultural experiences and Giga-Projects that are shaping the region. Region’s leading tourist destination for diversify and enrich the Kingdom’s tourism Investment Company is developing a
shopping, entertainment and recreation. and entertainment experiences, increase $1.9bn entertainment development in
Upon completion at the end of 2026 it will tourism and entertainment investment Riyadh. The Konoz Box of Treasures
comprise constructed areas of 150,000sq and diversify the economy. The unique project is named after a diverse array of
Amaala, Saudi Arabia Developer: Red Sea Global (RSG) m, green areas totalling 50,000sq m, a hospitality and adventure experience will gemstones embodied in the scheme’s
42 RETAIL & LEISURE INTERNATIONAL OCTOBER/NOVEMBER 2024 OCTOBER/NOVEMBER 2024 RETAIL & LEISURE INTERNATIONAL 43