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FINANCIAL NEWS
Kuwait’s URC to build a cinema facility in Oman mall
18 Jul 2012
(MENAFN) Kuwaiti developer the United Real Estate Company (URC) inked a deal with City Cinema to build a cinema in a shopping mall in the Sultanate of Oman, Arabian Business reported.
The agreement will see the fit out and management of a cinema complex within Salalah Gardens Mall in Salalah, comprising of a state-of-the-art three-screen multiplex facility, the developer said. The cinema is scheduled to open by year-end.
URC is the leasing and marketing agent for the mall, which includes a high street retail area, food court, casual dining, cafes, traditional souq, and hypermarket.
Salalah Gardens Mall is the first combined mall and residence complex to be constructed in Oman’s second largest city, Salalah.
Scheduled to open in late 2012, the mall will include 168 serviced apartments.
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