A new joint venture has been announced by Arcapita Bank, the Bahrain investment company, and the Kuwaiti Al Imtiaz Investment Group, which will see a $3.5 billion mega-project being built in Qatar.
The project, which has been named Al Sidra, will include over 3,200 residential units which will be located in the popular Lusail development in Qatar. The properties will be built around a Championship Golf course, designed by Greg Norman.
Al Sidra is the latest of a number of new property developments in Qatar, which is becoming increasingly popular with investors keen to diversify their property investment portfolios throughout the Middle East.
We will of course be bringing you more news on Al Sidra upon it's release from the parent companies.
Monday, 24 November 2008
Al Sidra to be launched in Qatar.
