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Ewaan, $533m Saudi property push
- Saudi Arabia: Wednesday, July 05 - 2006 at 15:23
A new $100m property development company, Ewaan, set up by the Bahrain-based International Investment Bank and other investors, plans to invest around $533m in the Saudi real estate market in the next three years. Founders include the Islamic Corporation for Development of the Private Sector, an affiliate of the Islamic Development Bank, and the Saudi Economic and Development Company.
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James McInerney, News EditorWednesday, July 05 - 2006 at 15:23 UAE local time (GMT+4)
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