Saturday 12 July 2014

Mayadeen to launch Aurora, Dari projects

National Ranges Company (Mayadeen), a listed Kuwaiti shareholding company, is set to launch its flagship projects - Aurora and Dari - at the Abu Dhabi Cityscape 2009. Mayadeen CEO Nasser Ali Al-Attar said this was Mayadeen’s first particip


Kuwait's Mayadeen posts $92m loss

Kuwait's National Ranges Company (Mayadeen) plunged into a loss in 2008, mainly due to the falling value of investments in an affiliate as the global crisis hits the Gulf. The firm posted a net loss of KD27 million ($92.88 million) in


Mayadeen names new chairman

National Ranges Company (Mayadeen) has promoted Jamal Abdul Hamid Al-Motawa’a to the position of chairman. Youssef Mohammed Al-Jaidah was also named vice-chairman. In addition, Hamad bin Mohammed Al-Wahebi, Maha Khalid Al-Ghunaim, Fawaz Ib


Mayadeen unveils $435m 'Aurora'

National Ranges Company (Mayadeen), a Kuwaiti shareholding property development company, has unveiled its Dh1.6 billion ($435 million) landmark project 'Aurora' in Abu Dhabi. The Mayadeen project, located in Shams on Al Reem Island


Mayadeen signs contracts for 2 projects

National Ranges Company (Mayadeen) has signed five major contracts for its Aurora and Dari projects in Shams Abu Dhabi. Beijing Construction Engineering Group has been selected as the main construction contractor. Cansult Maunsell is the


GIH denies plan to raise Mayadeen stake

Kuwaiti investment bank Global Investment House (GIH) denied a newspaper report on Thursday that it plans to raise its stake in National Ranges & Real Estate Company (Mayadeen). Kuwait's Al-Watan daily said the country's largest invest

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