RIYADH: The Saudi Falcons Club and Sela signed on Thursday a partnership agreement to develop an exhibition center and leisure complex at the club’s headquarters in Malham, north of Riyadh.
The agreement was signed by Hossam Al-Hazimy, CEO of the Saudi Falcons Club, and Sela Managing Director Dr. Rakan Al-Harthy.
According to the agreement, Sela will invest in 9.3 million square meters of the total land, which covers 27.7 million square meters. The investment includes an international exhibition center, desert resort and commercial markets.
Sela will also develop the complex to include an airstrip equipped to receive international delegations and operate and manage the leasing of the hotel, resort and commercial spaces.
In addition to enhancing the revenue potential of the Saudi Falcons Club, the agreement serves to bolster activities and events that contribute to the promotion of Saudi falconry, a press release said.
The exhibition center will host world-leading programs for falconry, helping to preserve traditions and transfer knowledge to the next generation.