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FINANCIAL NEWS
Saudi Emaar to launch Erbil development at USD3 b in Iraq
28 Oct 2013
(MENAFN) Saudi-based Emaar Properties plans to construct its Erbil Downtown development in Arbil, Iraq, at USD3 billion, according to Arab News.
The development is expected to be ready after five years from now or less, depending on market status.
The company’s chairman Mohamed Alabbar said: “It will touch around $3 billion.”
The development will include residential apartments, hotels and a shopping center, extending along 541.000 square meters.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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