ISTANBUL — Alfardan Hospitality and Kempinski Hotels have signed a deal to build a five-star hotel on The Pearl, an artificial island which will be open to foreign land ownership in Doha. The development spans 46,500 square meters and will overlook the Arabian Gulf.Marsa Malaz Kempinski is the second project to be undertaken by Alfardan Hospitality in partnership with the international group Kempinski Hotels, who collaborated on the development and management of Doha's tallest hotel tower, the Kempinski Residences and Suites.President and CEO of Alfardan Group Omar Alfardan, said, "Marsa Malaz Kempinski - The Pearl, Doha will truly set itself as an iconic waterfront destination reflecting the true splendor of Doha, enhancing the international reputation of Qatar as a fast-emerging luxury tourist destination. "We are proud of this accomplishment, to develop a world-class luxurious destination in Qatar, coinciding with the Qatar Tourism Authority's Strategy and in line with the long-term economic development strategy of the government in enhancing tourism in Qatar, thereby attracting more and more visitors to the country from various corners of the globe. "Our promise to deliver unique properties famous for quality, luxury and excellence has been known throughout our venture into hospitality developments, as we aim to create unforgettable destinations and exceptional experiences for residents and visitors of Qatar."Kempinski Hotels S.A. is an international hotel chain founded as the Hotelbetriebs-Aktiengesellschaft in Germany, in 1897. Kempinski Hotels currently operates 73 five-star hotels in 30 countries.The portfolio includes historic grand hotels, city hotels, resorts and residences. In addition to famous names, such as the Hotel Adlon in Berlin, the Emirates Palace in Abu Dhabi, the Taschenbergpalais in Dresden, or the Çırağan Palace in Istanbul, Kempinski is a founding member of the Global Hotel Alliance (GHA).