TRSDC inks first strategic partnership deal with Almutlaq Real Estate Investment ...United Arab Emirates

A US $400mn joint venture (JV) agreement has been signed by The Red Sea Development Company (TRSDC) and Almutlaq Real Estate Investment Co, a subsidiary of the Al Mutlaq Group. As per the terms of the deal, the JV will develop the Jumeirah Red Sea, which is billed as a 159-key luxury resort situated on The Red Sea destination’s hub island, Shura. Shura forms part of the first phase of development, and will comprise 11 luxury, premium and lifestyle hotels and resorts, residential units, a championship golf course, 118 berth marina, and a comprehensive retail, dining, and entertainment offering. The island is currently under construction and expected to open in early 2024. “This joint venture

Read More Details
Finally We wish PressBee provided you with enough information of ( TRSDC inks first strategic partnership deal with Almutlaq Real Estate Investment )

For more, read the news from the source

Also on site :

PIF launches Expo 2030 Riyadh Company
Iran vows to kill 50,000 US soliders: Tehran's TV mouthpiece says Trump has ordered 'coffins' after the US President called for regime change following air strikes: Live updates
'Terrorist' protest group Palestine Action clash with police as government tries to ban them after they broke into RAF base and vandalised plane

TRSDC inks first strategic partnership deal with Almutlaq Real Estate Investment ...United Arab Emirates

Ewwwww la la! Tourists film human excrement, rats and piles of rubbish in Paris and complain of 'pee smell' in streets

Amazon Exercises Option to Acquire Direct Stake in Valu

Nato summit shambles? US and Spain 'opt out' of new 3.5% spending target with fears of Trump no-show - and questions over how UK will find an extra $40bn a year

Owen Wilson appointed to Property Finder’s Board of Directors

The school where NONE of the pupils speak English as first language

The real killer shark that inspired Jaws: How deaths of four swimmers in two weeks in 1916 sparked hysteria - but like in Steven Spielberg's iconic film the beaches stayed OPEN

Egypt sees $29.4 billion remittances from July to April of FY2024/2025

Egypt’s engineering exports reach $2.6B in first five months of 2025

Al-Thawra Press Establishment Inaugurates Digital Newspaper For Advertisements

Partner of charity hero who was found stabbed to death by crew attending a gas explosion is charged with her murder and arson

Cambridge grad daughter of notorious anti-vaxxer died of cancer age 23 after refusing treatment when she 'fell for mum's conspiracy theories', brothers claim