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Mabanee

Construction kicks off on $1.95bn The Avenues - Khobar Project

Construction has kicked off at a rapid pace on Phase One of the SAR7.3 billion ($1.95 billion) groundbreaking mixed-use development, The Avenues - Khobar in the Eastern Province of Saudi Arabia, following the award of the construction contract t

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Mabanee inks Kuwait luxury resort management deal

Leading Kuwaiti developer Mabanee has signed a KD5.1 million ($17 million) contract with Touristic Enterprises Company for the operation and managment of a resort in Kuwait city.   The resort by top hospitality g

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Mabanee inks Kuwait luxury resort management deal

Leading Kuwaiti developer Mabanee has signed a KD5.1 million ($17 million) contract with Touristic Enterprises Company for the operation and managment of a resort in Kuwait city.   The resort by top hospitality g

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Kuwaiti developer Mabanee inks $146.7m credit facility deal

  Kuwait real estate developer Mabanee has announced that it entered into an agreement with a local bank to nearly double its credit facility from KD25 million ($82 million) to KD45 million ($147 million).&n

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Kuwaiti developer Mabanee inks $146.7m credit facility deal

  Kuwait real estate developer Mabanee has announced that it entered into an agreement with a local bank to nearly double its credit facility from KD25 million ($82 million) to KD45 million ($147 million).&n

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Mabanee unit secures $1.2bn funding for mega Avenues Khobar

Leading Kuwaiti developer Mabanee has announced that its key subsidiary Shomoul has secured SAR4.35 billion ($1.2 billion) in Islamic financing from a consortium of banks for a period of 12 years towards development of its ambitious mixed-purp

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Mabanee unit secures $1.2bn funding for mega Avenues Khobar

Leading Kuwaiti developer Mabanee has announced that its key subsidiary Shomoul has secured SAR4.35 billion ($1.2 billion) in Islamic financing from a consortium of banks for a period of 12 years towards development of its ambitious mixed-purp

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Mabanee set to break ground on $1.9bn Avenues Khobar mall

Leading Kuwaiti developer Mabanee will be breaking ground on December 17 on its prime mixed-use development - The Avenues Khobar - coming up over a 197,670-sq-m area in the Eastern Province of Saudi Arabia, said Mabanee in its filing to Boursa

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Mabanee set to break ground on $1.9bn Avenues Khobar mall

Leading Kuwaiti developer Mabanee will be breaking ground on December 17 on its prime mixed-use development - The Avenues Khobar - coming up over a 197,670-sq-m area in the Eastern Province of Saudi Arabia, said Mabanee in its filing to Boursa

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Mabanee unit in deal to purchase prime plot in Bahrain Bay

Leading Kuwaiti developer Mabanee said one of its key subsidiaries in Bahrain has reached a deal to purchase a 9,554 sq m vacant plot of land in the Bahrain Bay for KD5 million ($16.1 million).  This comes in line with its plan f

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