USD1.2b investments in Abu Dhabi's Reem Mall


(MENAFN) Agility, UPAC, and NREC, the companies behind Abu Dhabi's Reem Mall, a retail, leisure and entertainment destination, announced today that financing for the USD1.2 billion project is now complete, by signing the largest real estate asset based facility in the UAE.

"The business climate in Abu Dhabi is one of the things that makes it so attractive to investors. The speed with which Abu Dhabi authorities completed the formalities to proceed with Reem Mall is a great example of efficiency in action", said the CEO of Agility Tarek Sultan.

"The Agility group is making a significant investment in Abu Dhabi because we strongly believe in the Reem Mall project and in Abu Dhabi's growth prospects", he said.

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