News tagged "Salé"

Emaar clarifies its position on sale of certain hotel assets

Emaar clarifies its position on sale of certain hotel assets

1st November 2018

According to *Constructionweekonline news report, Emaar has formally clarified its position on the sale of certain hotel assets following separate media reports that Abu Dhabi National Hotels is in talks to buy some hotel assets from the Dubai development giant.[..]

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Acwa Power and Apicorp sign agreement for 8% stake in Shuqaiq IWPP

Acwa Power and Apicorp sign agreement for 8% stake in Shuqaiq IWPP

29th March 2017

Acwa Power, a Saudi-based developer, owner and operator of independent power generation and water desalination plants, and Arab Petroleum Investments Corporation (Apicorp) have signed a sale and purchase agreement for an eight per cent effective stake in Shuqaiq Independent Water and Power Project (Shuqaiq IWPP) in Saudi Arabia.[..]

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Jabal Omar sells key assets in Makkah for US$ 1.59 bn

Jabal Omar sells key assets in Makkah for US$ 1.59 bn

24th March 2017

Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, said it has reached an agreement with Alinma Investment Company for the sale of its key assets in Makkah including three major hotels and a shopping mall for SR6 billion ($1.59 billion).[..]

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UDC finalises sale of The Pearl office Tower 2 for US$ 342 mn

UDC finalises sale of The Pearl office Tower 2 for US$ 342 mn

15th December 2016

United Development Company (UDC), the master developer of The Pearl-Qatar, has finalized the sale of The Pearl office Tower 2, one of two iconic commercial towers situated at the entrance of The Pearl within the Abraj Quartier precinct, to a strategic property investor for a total value of QR1.25 billion ($342 million).[..]

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