abu dhabi’s 1bn mall delayed until 2020
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Abu Dhabi’s $1bn mall delayed until 2020

Arab Today, arab today

Arab Today, arab today Abu Dhabi’s $1bn mall delayed until 2020

Dubai - Arab Today

The opening of a shopping center worth $1 billion being built on an island off the coast of Abu Dhabi has been pushed back by two years until 2020 partly due to issues with its design and delays in receiving approvals, the developer’s chief executive said on Sunday.
A new tender to build Reem Mall on Reem Island, which was due to open in 2018, will be awarded later this year, Al-Farwaniya Chief Executive Shane Eldstrom told reporters at a press conference in Dubai.
Reem Mall, to feature 450 stores and an indoor snow park across 2 million square feet of leasable space, will cost “just over $1 billion” to build, Eldstrom said.
Reem Island is part of Abu Dhabi city and is just a few kilometers from Al-Maryah Island, where Abu Dhabi has set up its financial district and where another $1 billion shopping center will open in 2018.
Dubai conglomerate Majid Al-Futtaim had been picked to operate the indoor snow park, a family entertainment center and cinema complex in Reem Mall, it was announced at the press conference.
Al-Futtaim owns and operates Mall of the Emirates in Dubai, which features an indoor ski slope. Reem Mall will be financed by Kuwait’s National Real Estate Co. (NREC) and United Projects for Aviation Services Co. (UPAC), partners in Al-Farwaniya, and through funding raised from local and international banks, Eldstrom said. He declined to give further details.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

abu dhabi’s 1bn mall delayed until 2020 abu dhabi’s 1bn mall delayed until 2020

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

abu dhabi’s 1bn mall delayed until 2020 abu dhabi’s 1bn mall delayed until 2020

 



GMT 10:23 2017 Saturday ,11 March

Horia Farghali in mother role in 'Talq Senaei'

GMT 22:51 2017 Monday ,18 September

Last chance for Suu Kyi to end Rohingya crisis

GMT 09:41 2017 Saturday ,23 September

King Salman Humanitarian Relief Center puts Saudi Arabia

GMT 05:09 2017 Saturday ,16 September

EU sticks to Libya strategy on migrants, despite HR

GMT 04:14 2017 Wednesday ,05 July

DJ Khaled scores another No. 1 album

GMT 19:03 2017 Saturday ,25 March

Five heart healthy habits

GMT 17:29 2018 Friday ,21 September

"Diplomat" Vows Moscow won’t cave into US pressure

GMT 05:35 2018 Tuesday ,16 January

US racing pioneer Gurney dies

GMT 20:41 2014 Tuesday ,01 July

October 23 - November 21

GMT 15:54 2017 Sunday ,17 December

Drama in Stuttgart as Bayern go 11 points clear

GMT 20:59 2017 Friday ,30 June

VP Kalla to deny any hoax about himself

GMT 10:12 2017 Monday ,11 December

Qatar signs $8-bn deal to buy 24 Typhoon fighters

GMT 02:24 2017 Friday ,29 September

UN does not expect breakthrough at Syria talks
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday