Saudi ArabiaBusiness & Economy
Al-Walid Bin Talal to build hotel in Sudan; exclusive cattle sales
The Saudi Prince al-Walid Bin Talal left Khartoum on Sunday following a visit to Sudan which lasted for one day during which he signed with the Sudanese officials two agreements.
The first pertains to building a five star hotel in Khartoum while the second gives him the right exclusively to represent the Sudanese sides in marketing Sudanese cattle to the Arab states.
The hotel will be built at a cost of 30 million dollars. According to the second agreement the "Gulf company for cattle" was established and was given the right as the only side to market Sudanese cows, sheep and camels in the Arab states. Annual sales of Sudanese cattle in the Arab states is estimated at 300 million dollars.
