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Al Mazaya, $42m Kuwait centre
- Kuwait: Saturday, December 02 - 2006 at 13:01
Kuwaiti property investment firm Al Mazaya Holding is moving into Kuwait's medical care sector. Al Mazaya has signed a deal with a Kuwaiti investor, Mohammed Naser Al Hajeri, to build, operate and transfer a medical centre project on a 40,000 sqft area in Al Jabriya, at a cost of $41.7m. Al Mazaya is hoping the scheme will generate yearly returns of 15%.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, December 02 - 2006 at 13:01 UAE local time (GMT+4)
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This article was updated on Sat Jan 13 2007.
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