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Emirates Investment Group (EIG), a leading investment company, has announced 'Sana'a Terraces' and 'Sana'a East' as its maiden projects in Yemen, during a during a ceremony held together with the Yemeni Prime Minister, His Excellency, Dr Ali Mohamed Mujawar, recently, says a press release.
The US $50 million development, which fall within a series of signature projects that EIG plans to launch in Yemen, will fall in prime locations. Strategically situated 10 kilometres away from the new airport expansion, 2.5 kilometres to the east of Old Sana'a City, the plus Sana'a Terraces overlooks the Movenpick Hotel Sana'a, one of the most exclusive hotels in the Yemeni capital. It covers an area of 140 million square meters comprising designed residential and commercial units, while Sana'a East will consist of residential and commercial units, and hotel apartments.-PR

Copyright Business Recorder, 2008

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