Jun 16 2008 |
more articles from
|
Abyaar Qatar to embark on QR1bn projects
Doha - Abyaar Qatar Real Estate Development Company has announced it has received permission from Qatari Diar to convene work on projects here worth an estimated QR1bn. The announcement was made yesterday by Yousef Al Hashemi, Abyaar Qatar Chairman, at the company's ordinary and extraordinary general meetings held in Kuwait. Abyaar Real Estate Development is a joint venture between Kuwait's Aayan Leasing and Investment Company and Al Rashdan Group .Al Hashemi said: "Abyaar Qatar has been established with a capital of KD15m (QR205m). Main shareholders in Abyaar Qatar include Aayan Leasing and Investment Company, Securities House , Abdul Aziz Al Dakheel, Aljaber Group , Al Rashdan Group and Abyaar Real Estate Development Company .
The official announcement of the company in Qatar will take place towards the end of this year." Al Hashemi said the company's board will set the quota for the distribution of shares to new shareholders, as well as the regulations for capital call. "The cost of our projects in Qatar is estimated at QR1bn. We have recently obtained permits from Qatari Diar , main developers of the Lusail project, to start working on our projects in Qatar on the land that we bought," he said.
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment