Monday 1 September 2014
 
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Al Maabar

Al Maabar in $9.7bn Athens project

Abu Dhabi-based Al Maabar has joined two other international firms to form a joint venture that will develop a 7 billion euros ($9.71 billion) project in Greece, which is set to be the largest mixed-use development in Europe. Al M

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Al Maabar delivers 60pc of Morocco homes project

Abu Dhabi-based real estate developer Al Maabar said that 60 per cent of the residential units of phase one at its Moroccan Bab Al Bahr project have been delivered to its new owners, with tenants already moving in. The Bab Al Bahr

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Abu Dhabi developer halts $300m Libya project

Developer Al Maabar, part owned by Abu Dhabi state investment vehicle Mubadala and Aldar Properties, has put its $300 million project in Libya on hold due to unrest there. Al Maabar planned to float a construction tender in April for its A

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Al Maabar plans $300m Jordan hotel project

Abu Dhabi's Al Maabar will invest $300 million in a luxury hotel in Jordan and move ahead with its planned projects in the Mena region, its managing director said on Sunday. The 270-room hotel in Amman to be branded St. Regis from the

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$1.8bn raised for Morocco tourism push

Three Gulf sovereign wealth funds and UAE-based property developer Al Maabar have raised Dh15 billion ($1.77 billion) for a tourism fund that aims to put Morocco among the world's top 20 destinations. Omar Bennani, head of state-contro

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Abu Dhabi firms plan $10bn Jordan project

An Abu Dhabi property joint venture company including Aldar Properties and Sorouh Real Estate said on Thursday it would build a $10 billion development in Jordan. Al Maabar International Investments -- which also includes Reem Investments,

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Al Maabar unveils $9.9bn Baghdad project

Al Maabar said it has launched a $9.9 billion mixed-use development in Baghdad comprising clusters of residential units, a commercial district, a golf course a technology center and a hospitality district. Al Maabar, is a joint venture bet

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Al Maabar to borrow for $2bn Abu Dhabi Plaza

Al Maabar, a joint venture of UAE developers, plans to invest $2 billion in a commercial and residential project in Kazakhstan and fund it through borrowing, a venture partner said. 'The cost of the Abu Dhabi Plaza in Astana, Kazakhstan is

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Aldar, Al Maabar launch project in Kazakhstan

Abu Dhabi's Aldar Properties and Al Maabar have launched a new project in Astana, the capital city of Kazakhstan. This international move by the property development firms will feature an integrated community development created for the ra

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