DUBAI

Jumeirah Group is set to enter Saudi Arabia for the first time in early 2019 with a new hotel in Makkah, according to a statement released by parent company Dubai Holding on Sunday.

The state investment conglomerate said in the statement that it had signed an agreement with Jabal Omar Development Company, a Saudi real estate company, to develop the Jabal Omar Jumeirah Makkah Hotel.

The five-star hotel will be walking distance from the Holy Mosque and comprises four towers, with over 1,000 rooms, 93 villas, and 90 retail units.