GulfBase Live Support
03/05/2012 08:11 AST
Mabanee Real Estate Company, overseeing the Avenues Mall project, said that part of the mall's new expansion will be allocated for Kuwaiti small businesses.
The company said in a press release, on Wednesday, that the leasing process of stores in the new expansion phase was complete. Kuwaiti owners of these small businesses were required to pay nominal fees for rent in means of support.
The new expansion will add a new dimension to the mall. It takes the form of an old Kuwaiti souk with old architectural designs and narrow allies, making the Avenues one of the most prestigious malls in the world.
The mall will have an overall leasable area of more than 270,000 square meters, with over 800 stores and parking for 10,000 cars. The total project development will cost around 300 million Kuwaiti dinars (over one billion US dollars).
KUNA
10/04/2025
Kuwait-based real estate development company Mabanee and global hospitality major Hilton has announced the signing of an agreement for the development of its prime project - Hilton Kuwait Resort - th
Trade Arabia
27/04/2014
KUWAIT: Mabanee Real Estate Co achieved solid financial results in 2013, exceeding figures of previous years. Growth in net profit stood at 44 percent, a great leap compared to previous years. This i
Khaleej Times
11/04/2012
The Ordinary and Extraordinary General Assembly of Mabanee Co. convened on Tuesday, April 10. The General Assembly approved all of the articles, including the distribution of 10 percent of the nomina
Al Watan
Ticker | Price | Volume |
---|
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman