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FINANCIAL NEWS
Saudi Cayan Group launches USD844m worth of projects
29 Apr 2015
(MENAFN) Cayan Group, Saudi Arabia’s real estate developer, announced the launching of three new projects with a total worth of USD844 million, Arabian Business reported.
The first project was signed with Shuaa Capital to establish a real estate dubbed Cayan Cantara, which is housing and hotel apartment project located along Dubai’s Umm Suqeim Road.
The second project is dubbed Samaya and is a one million square meter master plan development located near Riyadh. The third project is CM1, which will be a money-making building near King Fahed Road.
Presently, the developer is contemplating upon finding a suitable location to construct a twisted tower similar to the one in Dubai Marina.
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