Cairo: Saudi Arabia plans to convert its historic palaces into tourist sightseeing attractions for visitors as the kingdom is seeking to be a global tourist destination.
The Boutique Group, a subsidiary of the Saudi Public Investment Fund (PIF), said it plans to develop three such palaces, turn them into ultra-luxury hotels, and open them for guests next year.
The first group of historic palaces in the plan are Al Hamra Palace in the port city of Jeddah, the Red Palace in Riyadh and Tuwaiq Palace also in the Saudi capital.
The refurbished sites are aimed to be tourist attractions for domestic and international visitors.
Boutique Group, fully owned by PIF, defines itself as a hospitality company that transforms historic palaces into…
