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FinancialNews


  • 21-09-13

    Two UAE firms to build a new city in Iraq

    (MENAFN) Al Handal International Group and Abu Dhabi-based Bloom Properties, two UAE-based developers, plan to build a city in Baghdad-Iraq, of USD4.5 billion, according to Arabian Business. The two-Dubai based firms' project, City of the Future, will be able to accommodate 150,000 people and cover 58 million-square area. The new city will become one of the most "prominent modern urban residential projects in Baghdad" and is expected to attract other investments to Baghdad.

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