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Kuwait group to build $6m Riyadh project
- Kuwait: Tuesday, May 19 - 2009 at 12:07
Kuwait's Dar Al Kawthar Real Estate Company has said that it will put a new housing project in Riyadh out to tender at a cost of $6m. The company has taken similar steps in the United Arab Emirates, Oman and Jordan at a cost of $12 million as part of its promotional campaign entitled 'Real Estate Openings amid the Global Crisis', aimed at getting Kuwaitis to invest in the real estate sector. The group is a subsidiary of the Gulf Investment Group.
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StaffTuesday, May 19 - 2009 at 12:07 UAE local time (GMT+4)
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