FINANCIAL NEWS

New seafront project in Al Oqair

11 Sep 2013

(MENAFN) Al Oqair Development Company signed a deal for the development of a 15 kilometer seafront project, Qatar News Agency reported.

The project, spreading over a 100 million square meters, will be operational by 2016. Public investment for the project is expected to go over USD9 billion.

The project is to be funded through offering 30 percent of the company’s shares to public subscription.

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