Saturday, 7 December 2019

' #Dubai is over-built, #Saudi has just been opened and Bahrain is very small', says Mohammed Jassim Khalid Al-Marzouq - Arabianbusiness

'Dubai is over-built, Saudi has just been opened and Bahrain is very small', says Mohammed Jassim Khalid Al-Marzouq - Arabianbusiness:

Mohammed Jassim Khalid Al-Marzouq, chairman of Tamdeen Group, has revealed why he has no intention of adding to his development portfolio with projects throughout the GCC.

Al-Marzouq told Arabian Business: “Dubai is over-built, Saudi has just been opened and Bahrain is very small.”

Al-Marzouq is behind huge projects in Kuwait such as 360 Mall; Al Kout, Kuwait’s largest waterfront, retail and leisure destination; Al Khiran, the region’s first hybrid mall; and the three-storey residential complex Tamdeen Square.

He said he was previously looking to invest in an unnamed project outside Kuwait, but pulled the plug on proceedings.

He said: “I believe for me to do any business, the legal structure of a country should protect me as an investor. Kuwait has the best legal structure where I am secured, there is no threat from any outside influence.

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