UAE's Shuaa Capital to boost foothold in Saudi Arabia, Kuwait, Egypt | ZAWYA MENA Edition:
Shuaa Capital is seeking to collaborate with Saudi Arabia’s Jabal Omar Development Company (JODC) to launch and manage real estate investment funds in the Kingdom of Saudi Arabia.
The partnership is directed towards managing the development and expansion of centrally located real estate hotspots across the Kingdom, Shuaa’s CEO Tariq Khan told Mubasher.
Both the memoranda of understanding (MoU) signed with JODC and the UAE National Bonds Corporation (NBC) have represented a major step in Shuaa’s endeavours to bolster its presence across the Arab world's biggest economy, Khan added.
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