Browse video clipsThreats to ME hotel investment
Land ownership problems, a lack of transparency and proper corporate governance, and restrictive agency laws are major obstacles to foreign investment in the Middle East hotel sector, according Sarmad Zok, CEO, Kingdom Hotel Investments. Zok says far-reaching reforms are needed to stimulate FDI in the region.
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Lisa Creffield, CorrespondentMonday, June 06 - 2005 at 10:49 UAE local time (GMT+4)
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