15 Sep 2014
(MENAFN) The Qatari Diar is being sued for USD16.2 million by property developer Chelsfield Partners over the stalled redevelopment of the US embassy in London, Arabian Business reported.
Chelsfield Partners has lodged a claim in London’s High Court against Qatari Diar over the sum alleged to be owed under the terms of a contract signed in 2009 to redevelop the US embassy building, known as the Chancery which was bought by both Chelsfield and Qatari Diar in 2009.
Meanwhile, the US has started developing its new embassy in Nine Elms, south London, with redevelopment of the Chancery building due to begin in 2018.
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
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BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
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BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
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BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
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