Range partners with Al Daaysi

Religious tourism institution Range Hospitality has announced that it has entered in to a strategic partnership with the Al Daaysi Group.

An official signing ceremony took place last week, hosted by the managing director of the Al Daaysi Group, Essa Al Daaysi and Range Hospitality chief executive officer Munaf Ali.

Speaking at the ceremony, Ali said: “We are honored to have partnered with one of the most prestigious business families in the Kingdom of Bahrain, the Al Daaysi Group.

“With the support and patronage of the Al Daaysi Group, we are confident of expanding our retail footprint in the Kingdom of Bahrain and the successful delivery of Al Rawdatain Residences by Shaza. Moreover we will soon be opening a retail showroom in Bahrain.”

During 2010, Range Hospitality launched the Al Rawdatain Residences by Shaza hospitality complex in Iraq’s pilgrimage centre Karbala, to cater to the shortage of accommodation for pilgrims in the area.

“Our two companies complement each other in many forms and we believe that together we will prosper and strengthen our business relationship. Bahrain is a significant market for the retail distribution of Mulkiya Intifa’a and we are confident to achieve our objectives. Range Hospitality’s Mulkiya Intifa’a offering starts from US$ 5,500 which provides both investors and end users a concrete investment opportunity in the Holy City,” said Al Daaysi.