24 October 2011
DOHA: Qatari Diar Real Estate Investment Co signed a $543.8m contract with Consolidated Contractors Co to develop two projects in Egypt, Qatari Diar said yesterday. The contract allots $464.3m to the company's Nile Corniche project in Cairo and $79.5m to its coastal resort project in Sharm El Sheikh. Qatari Diar counts London's Chelsea Barracks among its most high-profile overseas assets.
DOHA: Qatari Diar Real Estate Investment Co signed a $543.8m contract with Consolidated Contractors Co to develop two projects in Egypt, Qatari Diar said yesterday. The contract allots $464.3m to the company's Nile Corniche project in Cairo and $79.5m to its coastal resort project in Sharm El Sheikh. Qatari Diar counts London's Chelsea Barracks among its most high-profile overseas assets.
© The Peninsula 2011
