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FINANCIAL NEWS
Serbia redevelops Belgrade waterfront with USD4b Gulf cash
29 Jun 2014
(MENAFN) Serbia plans to help redevelop the Belgrade waterfront in the UAE to attract more tourists to the country’s capital in a scheme worth USD4.019 billion, according to Arab News.
The project, which will be funded by the Gulf cash, will include office and luxury apartment blocks, eight hotels, a shopping mall and a tower.
The project is expected to create more jobs and aims to turn Belgrade into a business hub for the Western Balkans.
Prime Minister Aleksandar Vucic said: “It (the project) will make Belgrade a regional center and it will attract many tourists.”
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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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