For your information
EN AR

by Executive Editors June 4, 2011

written by Executive Editors June 4, 2011

Hold on Latakia Mass protests and domestic unrest in Syria have caused investment company Qatari Diar, the real estate arm of the Qatari Investment Authority sovereign wealth fund, to temporarily cease its projects in the country, including the $350 million Ibn Hani Bay Resort project in the city of Latakia, according to a May 8 press release. Construction on the resort began in January 2010 and covers more than 244,000 square meters along the Syrian seaport. Qatari Diar’s Chief Executive Officer Mohammed bin Ali al-Hedfa, told Doha’s Al Arab daily newspaper on May 5 that the company remains committed to its projects and plans to resume production on the resort and its commercial and residential real estate project in Damascus once the situation stabilizes. Meanwhile, United Arab Emirates retail builder Majid al-Futtaim told Executive in a May 19 email that the first phase of its fully-owned, $1 billion investment in

Executive Editors

Executive Editors are the collective voice of the magazine. Stories written by Executive Editors are the culmination of discussions, brainstorming, research and information-gathering by our editorial team. Over decades, our editorial team has applied a blend of seasoned expertise and a discerning eye to bring you insightful and engaging and substantive reads that eschew sensationalism.

For your informationENAR

You may also like

For your information
EN AR