Millennium Hotels and Resorts Middle East and Africa (MEA), a hotel management company in the region, has addressed its guests with deep regrets for the inconvenience they might have encountered during their stay at Makkah Millennium Hotel and Towers.
“It is with regret that Millennium and Copthorne had announced that on June 13, 2019 the owner of Makkah Millennium Hotel and Towers had unlawfully, and in contrary to the terms of the operating and management agreement, interfered with the exclusive rights of Millennium in the management and operation of the hotel and towers,” the company said in a press release.
“Millennium disagrees with the owner’s acts and had commenced proceedings to remove this interference and confirm Millennium’s exclusive rights to manage and operate the hotel and towers without interference from the owner or others.
“Millennium regrets any inconvenience this situation has caused or may continue to cause to its guests.”
The company said it is pursuing all available legal courses of action inside the Kingdom, and is confident of the Saudi judiciary system in the protection of rights and imposing of justice.
Operating 4,067 keys in the Kingdom, Millennium Hotels and Resorts MEA has affirmed its commitment to the Saudi market and pledged to continue its efforts toward tourism, travel and hospitality sectors in Saudi Arabia to achieve the goals of Vision 2030 and beyond.
Millennium Hotels & Resorts is a global hotel company, which was founded in 1989, on the vision of its chairman, Kwek Leng Beng, who leads Singapore’s Hong Leong Group. With almost 40,000 rooms worldwide, the company currently operates 40 hotels, has 14 hotels due to open this year and 35 hotels in the pipeline across the region.
The five-star Makkah Millennium Hotel is the closest hotel to the Holy Mosque, located by the Holy Haram Piazza in front of King Fahd Gate.
The luxury hotel features direct views of the Grand Mosque and the Holy Kaaba. The hotel has five restaurants, namely, Jasmin Café, Al-Fayhaa Restaurant, Al-Andalus Restaurant, Al-Noor Restaurant and Lagenda Restaurant.
Makkah Millennium Hotel is located close to many main attractions in the city, including important Islamic holy sites that are less than five miles away. Zamzam well, Jabal Al-Nour, Cave of Hira and the Makkah museum are some of the nearby landmarks, while other areas of interest close by include a large shopping mall, supermarket, and a variety of international restaurants and lounges.
Millennium MEA confirms rights to Makkah hotel
Millennium MEA confirms rights to Makkah hotel
‘Wealth Grows Here’: Aljazira Bank launches new brand identity
Aljazira Bank announced the launch of its new brand identity under the slogan “Wealth Grows Here,” marking a natural evolution in a growth journey spanning more than five decades. Over the years, successive phases of transformation have shaped the bank into what it is today, with the new identity serving as the culmination of a strategic chapter that strengthened the bank’s role within the Saudi banking sector.
As part of this milestone, the new brand launch also extended to Aljazira Capital, the bank’s investment arm, reflecting a unified vision and strategic alignment across the group. The updated identity of Aljazira Capital underscored its evolution as a specialized investment and wealth management institution, focused on delivering carefully structured investment solutions and strengthening its role as a trusted partner in building and growing long-term investment portfolios, fully aligned with the bank’s broader direction.
The announcement also included the launch of the new identity for Fawri, aligning it with the bank’s updated brand and reflecting its commitment to delivering reliable and seamless financial transfers within an advanced and integrated financial ecosystem.
Naif bin Abdulkareem Al-Abdulkareem, CEO and managing director of Aljazira Bank, said: “The new brand identity goes beyond a visual change; it is a true reflection of what the bank has become today. Since the strategic refresh in 2023, we have restructured how we operate, aligned our business lines around a shared objective, and strengthened execution. The progress we see today, in service quality and speed of delivery — confirms that we are moving in the right direction.”
The new identity reflects the outcomes of the bank’s 2023 strategic transformation, a pivotal milestone in its journey. This phase focused on developing an integrated banking ecosystem with a stronger emphasis on individual wealth management, supported by a more agile and efficient operating model led by digital channels. It balanced sustainable growth with strengthening the corporate portfolio, accelerating investment in digital infrastructure and human capital, and enhancing operational efficiency.
Since its establishment, Aljazira Bank has progressed through successive stages of growth, evolving from a traditional bank into a more innovative and specialized financial institution. Today, it places wealth management at the core of its proposition, offering a banking experience built on long-term relationships and a deep understanding of clients’ financial aspirations. In parallel, the bank has continued to reinforce its role as a trusted partner to the business sector, serving large corporates as well as small and medium-sized enterprises through solutions that support growth, sustainability, and the Kingdom’s broader economic development goals.
At the heart of this direction stands the bank’s new slogan, “Wealth Grows Here,” which captures its role as a key partner in building and preserving wealth for individuals and businesses alike, creating sustainable value beyond the delivery of traditional banking services.
