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FINANCIAL NEWS
Massive tourism hub to be built at USD 1.01mn in Duqm
27 Jun 2016
(MENAFN) A massive tourism hub with hotels, residential and commercial complexes and an amusement park has been given to Al Khonji Real Estate and Development in Duqm.
Moreover, the usufruct deal was signed, in the name of the Authority, which came as a part of spreading the nation’s sources of income.
Al Khonji Real Estate was granted the usufruct right to develop a land area of almost 661,000 square meters to build a tourist and real estate project.
In addition, the project will be executed in many phases, at an almost cost of USD1.01mn, and is predicted to make almost 4,000 direct jobs when is finished.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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