Sunday, October 5, 2008

Majid Al Futtaim Group to Invest $1 bn in New Damascus

Majid Al Futtaim Group, the region's premier developer of shopping malls, has announced plans to invest an initial US$ 1 billion to build Syria's largest ever mixed-use development.
Strategically located in a residential part of Damascus, known as 'New Damascus', the company plans to build a landmark master-planned development, which will serve as a new 'town centre' for local residents. 

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