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FINANCIAL NEWS
Kuwait’s IFA launches USD270 m development
10 Mar 2014
(MENAFN) Kuwait’s IFA Hotels & Resorts, the largest foreign investor in Dubai’s Palm Jumeirah, has opened the new mixed-use luxury development worth USD270 million, according to Arabian Business.
The new development was launched by the giant IFA on the manmade Peninsula.
The development includes 300 two and three-bedrooms apartments, townhouses and penthouses.
IFA chairman and CEO Talal Al Bahar said: “The Palm Jumeirah continues to be a market leader in property value retention and rental yield.”
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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