Eagle Hills, Emaar to co-develop 2 projects with PIF: Alabbar

22/01/2024 Argaam
Mohammed Alabbar, Chairman of Abu Dhabi-based Eagle Hills

Mohammed Alabbar, Chairman of Abu Dhabi-based Eagle Hills

Mohamed Alabbar, Chairman of Abu Dhabi-based Eagle Hills, said the company plans to launch a project in Saudi Arabia, in partnership with the Public Investment Fund (PIF), at an investment cost of SAR 6 billion.

 

The relevant procedures will be finalized, and the project will be unveiled within a month, Asharq Business reported, citing Alabbar who also said the project will comprise hotel resorts.

 

He added that Emaar Properties is set to develop a new project, in partnership with PIF in King Abdullah Economic City in Rabigh.

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