Retail sector news mainly focusing shopping centres, retail developments and businesses in the MENA region
Baghdad Mall project launched as $100m JV
Apr 22, 2012
A joint venture between Iraqi contracting firm Dar Al Sabah and Turkish contractor Tefirom have launched the $100m Baghdad Mall in Baghdadĺs neighbourhood of Al Harthiya, The National has reported. The project will include a shopping centre, a five-star hotel, a state-of-the-art medical centre, a gym and a giant covered parking lot. Upon completion, Dar Al Sabah expects to hire an international mall operator to manage the day-to-day requirements of the shopping centre and ensure that standards are similar to levels seen in the Gulf, the firm said.