Qatar Real Estate News
Kuwaiti developer mulls investment options in Qatar
Alargan International Real Estate Company, a leading Kuwaiti real estate developer, is currently considering several investment opportunities in Qatar and Egypt.
Alargan has a total of USD2.4bn worth assets that are being managed, particularly in real estate projects in Bahrain, Kuwait, Saudi Arabia and Oman.
During September 2009, Alargan received a loan of KD20mn from the Kuwait-based Commercial Bank of Kuwait and the Middle East. The medium-term loan has a two-year grace period, and will be re-paid by 2016.
Established in 1994, Alargan is active in building, renting and selling residential compounds, commercial centers, hotels, health centers, complexes, blocks of flats and resorts.
Posted on 22/3/2010
Social Bookmarking
Read more news
> Mourjan to construct all marinas in Lusail City -3/9/2010
> Qatar rental market likely to remain stable in coming months -31/8/2010
> Qatar Panel calls for focus on small-sized housing units -9/8/2010
> Villa rentals in Qatar expected to plummet further -29/7/2010
> Qatar government steps in to fund Barwa real estate projects -13/7/2010
> Qatar realty sector to receive major boost with FIFA meet announcement -13/7/2010
> Doha property sector still lacks banking support -6/7/2010
> Qatar property sector tries to match-up supply with demand -16/6/2010
> Tuscan Towers to be delivered to owners in weeks -7/6/2010
> QIB signs deal for financing Al Khor residential project -10/5/2010