Emaar in venture to develop $7 bln Saudi project
Reuters - USA
RIYADH, Oct 4 (Reuters) - Dubai's Emaar Properties EMAR.DU and Saudi Arabia's al-Shoala Group said they were setting up a joint venture to develop a 27 billion riyal ($7.2 billion) luxury township near the Saudi capital.
Reuters - USA
RIYADH, Oct 4 (Reuters) - Dubai's Emaar Properties EMAR.DU and Saudi Arabia's al-Shoala Group said they were setting up a joint venture to develop a 27 billion riyal ($7.2 billion) luxury township near the Saudi capital.
The 3,100 hectare (7,660 acre) Rawabi Rumah project will include villas, commercial, healthcare and educational centres and a 400 acre date palm park and green belt, Emaar said in a statement on Saturday. ...
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