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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
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29/08/2025
The First Abu Dhabi Bank (FAB) has successfully issued a HKD390 million ($50 million) Blue Bond, a growing category of sustainable finance instruments, designed to advance and promote water-related e
Trade Arabia
29/08/2025
Beyon, a digital technology leader, has signe a partnership agreement with Bahrain's Ministry of Interior to implement an integrated AI-powered traffic monitoring system, aimed at modernising the tra
Trade Arabia
28/08/2025
Adnoc announced on Wednesday that it has signed a 15-year sales and purchase agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India's largest integrated and diversified energy company, fo
Khaleej Times
28/08/2025
In a significant step towards enhancing its digital transformation journey, Kuwait Airways signed a Master Services Agreement (MSA) with Impulse International for Telecommunications, laying the foun
Kuwait Times
28/08/2025
Vodafone Qatar has announced its expansion of Postpaid services through its new 'You Deserve It!' campaign, introducing new connectivity and digital lifestyle offerings to meet the evolving needs of
Gulf Times
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