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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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19/04/2025
KKR (KKR.N), and I Squared Capital are among global asset managers bidding for a district cooling business owned by Abu Dhabi's Multiply Group, part of a $1.5 trillion empire overseen by one of the
Reuters
19/04/2025
Commercial Bank, a leader in innovative digital banking solutions in Qatar, has officially launched CB Analytics Academy Program. This specialized program has been designed for nationals seeking to e
The Peninsula
19/04/2025
stc group celebrates the fifth consecutive year as Title Partner, blending cutting-edge technology with the excellence of motorsport.
Advanced 5G network, smart IoT services, and AI-integrat
Saudi Gazette
18/04/2025
Batelco, a part of Bahrain's leading digital solutions provider Beyon Group, has partnered with Nokia, a global leader in network technologies, up to deploy the kingdom's first private 5G network for
Trade Arabia
18/04/2025
As part of its ongoing efforts to create an ideal work environment that reflects its deep commitment to employee wellbeing and work-life balance, Gulf Bank has announced a reduction in daily working
Kuwait Times
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