Friday March 27, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Saudi interest in Astir Palace hotel

By Dimitra Manifava

Saudi Prince Al-Waleed bin Talal bin Abdulaziz al Saud, the owner and chief executive of Kingdom Holding Company (KHC), expressed the Four Seasons luxury hotel chain’s strong interest in the Astir Palace Resort in southern Athens during a meeting on Monday at Greek Prime Minister Antonis Samaras’s office.

KHC controls 45 percent of Four Seasons, while another 45 percent belongs to Cascade Investment Company, owned by Microsoft founder Bill Gates.

Saudi Arabia has expressed an interest in participation in other hotel chains across Greece through KHC.

It is also eyeing the privatization of enterprises such as Public Power Corporation, ports and railways via the holdings KHC has in consortiums with other investors.

The Saudi prince told an Economist conference on Monday in Athens that Greece is now back on the path to growth thanks to its admirable fiscal performance.

ekathimerini.com , Monday May 5, 2014 (23:14)  
Bundesbank´s Weidmann says euro zone debt in ´danger zone,´ opposes more aid for Greece
Greek future as trade hub in limbo amid Syriza split on railways
Bank deposits lost another 7.6 billion euros last month
Cosco sees rivals behind EU verdict
Clocks go forward one hour on Sunday
Clocks should be set forward by one hour at 3 a.m. on Sunday morning to read 4 a.m. as daylight saving begins. The change will mean the loss of one hour's sleep, but also an additional hour ...
New Democracy´s political council convenes to decide line opposite gov´t
The political council of the main conservative opposition New Democracy convened on Friday morning to decide on the line the party should take vis-a-vis the SYRIZA and Independent Greeks rul...
Inside News
BASKETBALL
All is well that ends well for Olympiakos
Young Ioannis Papapetrou helped Olympiakos stage an impressive last-quarter performance to beat visiting Efes Anadolu 86-75 on Thursday and bring its Euroleague losing streak to an end. The ...
BASKETBALL
Reds survive KAO Dramas scare in Piraeus
KAO Dramas gave depleted Olympiakos a scare at the Peace and Friendship Stadium on Monday, but the league leaders eventually managed to get their 20th win in 21 games. The Reds won by 10 (72...
Inside Sports
COMMENTARY
Time to get moving
More than two months have passed since the elections and the government has to stop running around in circles and adopt a program of specific reforms, with detailed calculations as to their ...
EDITORIAL
The same old story
One of those infamously bad practices that the political system has been accused of for years is being propagated by the new government today, as it is appointing party cadres and politician...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Bundesbank´s Weidmann says euro zone debt in ´danger zone,´ opposes more aid for Greece
2. Clocks go forward one hour on Sunday
3. Greek future as trade hub in limbo amid Syriza split on railways
4. New Democracy´s political council convenes to decide line opposite gov´t
5. All is well that ends well for Olympiakos
6. Greek government seeks balanced reform package
more news
Today
This Week
1. New Democracy's political council convenes to decide line opposite gov't
2. Greek future as trade hub in limbo amid Syriza split on railways
3. Clocks go forward one hour on Sunday
4. Bundesbank's Weidmann says euro zone debt in 'danger zone,' opposes more aid for Greece
5. Greece optimistic on deal with euro area next week
6. Opposition renews calls for minister to resign over legal cases
Today
This Week
1. Next Monday is D-Day for state funds
2. Total victory is unattainable
3. EU asks Greece for more reforms to speed talks on bailout
4. PM faces Merkel amid race to detail reforms
5. Some more equal than others
6. New book by ex-US diplomat delves deeper into the recesses of Greek terrorism
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.