Qatari Diar eyes Yemen real estate project
Source: BI-ME , Author: BI-ME staff
Posted: Sun November 1, 2009 1:30 pm

QATAR. A Qatari Diar Real Estate Investment Co. unit plans to start work on a US$600 million real estate development project in Yemen on Monday, reported Bloomberg, citing an Al-Hayat newspaper article.

Al Yemania Al Qatariah Real Estate Investment & Development Co., a joint unit of Qatari Diar and Yemen’s General Holding Corp. for Real-Estate & Investment, will develop about 169 villas in the first phase of the project, the newspaper reported.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

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SAUDI ARABIA. IMF Executive Board Concludes 2014 Article IV Consultation; Saudi Arabia has supported the global economy through its stabilizing role in the global oil market.
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