Saturday 28 November 2020
 
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Al Mazaya Holding

Al Mazaya on track to deliver major projects

Al Mazaya Holding is continuing to make strides in its plan to complete and deliver all its current real estate projects despite challenges related to both the real estate markets and investors. It has now commenced operating its income ge

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Al Mazaya sells Saudi property

Kuwaiti real estate developer Al Mazaya Holding said on Monday it would add SR23.1 million ($6.16 million) of profit from the sale of a property in Saudi Arabia to its first quarter profits. The property was sold for SR104.6 million, the c

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Electricity installed at Mazaya's 7 Zones project

Al Mazaya Holding said preparation for the grand opening of its 7 Zones project in Kuwait is nearing completion, and that it has obtained all the necessary approvals and installed electricity in the project. The company, together with the

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Al Mazaya eyes $137m from IPO

Mazaya Qatar, an affiliate of Kuwait's real estate developer Al Mazaya Holding, said it plans to raise QR500 million  ($137.4 million) in an initial public offering next week. The firm will offer 50 million shares, or 50 per cent

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Al Mazaya project is on track

Al Mazaya Holding has vowed to deliver its second project in Jumeirah Lake Towers by end of the year. The company has announced that development works on its projects in Dubai are progressing well, and that 65 per cent of construction work

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Al Mazaya to lease key project plots

Al Mazaya Holding has signed contracts with a number of companies to lease plots at its 7 Zones project in Kuwait, which will be launched in August. Al Mazaya has also announced the launch of 7 Zones' Warehouses, comprising 50 warehous

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Mazaya to set up Bahrain, Ajman companies

Kuwait's Al Mazaya Holding Company, said on Saturday it plans to set up two companies in the UAE's Ajman emirate and Bahrain to diversify its revenue sources. It did not give further details in a statement. The company, with a port

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Al Mazaya Qatar IPO offers 50m shares

Al Mazaya Qatar, a subsidiary of Al Mazaya Holding, is planning an initial public offering (IPO) of 50 million shares at QR10 per share. The IPO is scheduled in the last quarter of this year before listing on the Doha Securities Market (DS

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Al Mazaya unveils ‘The Villa’ model

Al Mazaya Holding, leading regional property developer, has unveiled models of its “The Villa” project. The model gives visitors the opportunity to obtain a clear and detailed picture of the luxurious development, said an officia

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Property portfolios 'play key role in growth'

Property portfolios play a key role in driving the ongoing real estate boom in the region, according to leading regional property developer Al Mazaya Holding. A 'property portfolio' is similar to an 'investment portfolio', where stocks and

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