You are here
United Real Estate Co. – Jordan completes buying Abdali Mall Co. shares
Dec 16,2018 - Last updated at Dec 16,2018
United Real Estate Company (URC) – Jordan, a subsidiary of United Real Estate Company (URC) – Kuwait, announced completing the process of buying Abdali Mall Company shares in Jordan, in addition to finalising the procedures of ownership transfer and all related obligations with the official authorities, whereby Abdali Mall Company is now100 per cent owned by United Real Estate Company – Jordan.
This deal came as part of an asset exchange between URC - Jordan and Abdali for Investment & Development Company, whereby URC has given up 40 per cent of its stake in Abdali Boulevard Company, in return for the full acquisition of Abdali Mall Company.
Related Articles
His Majesty King Abdullah on Wednesday launched Abdali Boulevard, a JD300 million project, which is part of the $5 billion Abdali project, the largest mixed-use urban development scheme in Amman.
Housing Bank, along with its subsidiary company, Specialised Leasing took part in the Jordan Gate Exhibition 2022, held between August 10 an
Ayla Oasis Development Company, the leading tourism and real-estate company in the Kingdom of Jordan, is the platinum sponsor of the annual
Opinion
Nov 20, 2024
- Popular
- Rated
- Commented
Nov 20, 2024
Newsletter
Get top stories and blog posts emailed to you each day.
