Riyadh – Mubasher: Namaa civil association in Makkah Province has launched a new SAR 32.15 million hotel endowment in Al Hamra'a, currently being invested by Ebreez Hotel.
Earnings from the endowment are directed towards sustainability programs and charitable activities, according to a press release issued by the association on Thursday.
The six-story hotel is located in Al Hamra’a, Jeddah, one kilometre away from the Corniche, includes 116 units and spans across 1,080 square meters.
It is worth noting that Namaa has around 40 charity projects and programs that target more than 13,000 families, with the total number of beneficiaries exceeding 100,000 people.
