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French Version

Bahrain Islamic bank to invest in Jordan real estate

Leading Bahrain-based Islamic Investment bank Gulf Finance House BSC, announced Thursday that it plans to invest over $1 billion in a landmark real estate project in Jordan.

The Royal Metropolis project will comprise two significant components - the "Jordan Gate" and "The Districts."

Jordan Gate, which will constitute the first phase of the "Royal Metropolis" project, will include a futuristic 35-storey office tower, a 35-storey hotel block and a five-storey podium covering a cumulative built-up area of 220,000 square meters.

The complex will also feature executive corporate apartments, modern conference facilities, a five-star luxury hotel and an array of retail outlets. Set to become the country's new landmark, Jordan Gate will be located in a prestigious location in Amman and when completed will be an attractive location for major international companies.

Amman,08November2004
Redaction
The Daily Star


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Exotica - Flowers - Shopping on line
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Engineering Consultants Lebanon
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Arabic Music, CD Arabia
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