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FINANCIAL NEWS
Mubadala: Work started on 1b residential complex
28 Jun 2013
(MENAFN) Abu Dhabi investment fund Mubadala has announced that work has started on a $1bn residential complex in a venture with Taiwan’s Farglory group, reported Arabian Business.
The four-tower complex Maryah Plaza will be built in phases on Al Maryah island, Abu Dhabi’s new financial free zone, with completion set for 2020, Mubadala said in a statement.
The planned Maryah complex will provide 500 premium residences with access to retail, hotels and offices. The first tenants are expected in 2016.
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