ArabianBusiness.com - Middle East Business News
Tuesday, 24 November 2009 17:00 UAE time

YOUR DIRECTORY /

| Share |

Qatar firm, golf star in $660mn venture

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Thursday, 24 July 2008
SINGH IN SWING: Top golfer Vijay joins real estate company for luxury resort plan in Morocco. (Getty Images)

Qatari Diar Real Estate Investment Company plans to develop a $660 million luxury resort and golf course in Morocco to be designed by Vijay Singh.

Qatari Diar, a unit of Qatar Investment Authority, has also hired Graham Marsh to design the project in the coastal city of Tangier, Gulf Times reported, citing Qatari Diar deputy CEO Ahmed al-Mazroei.

The company has also appointed Kempinski Hotels to manage a new five-star hotel and spa on the same development.

Story continues below
advertisement

The complex, which covers 234 hectares of coastal land, will include another five-star hotel, a public beach club, residential apartments and villas, retail and entertainment facilities and a residential club.

There will also be a convention centre, club house, casino, forest stables and a variety of other sports facilities.

Singh is a member of golf’s Hall of Fame and winner of three major titles – the Masters in 2000 and the PGA Championship in 1998 and 2004, the newspaper said.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

RELATED LINKS

  1. Qatari Diar Real Estate Investment Company»

 EMAIL ALERTS

  1. Qatari Diar Real Estate Investment Company

  2. Real Estate


CURRENCY CONVERTOR

Tell us your story

READER COMMENTS

  1. Why I h8 junk txts 08
    24 Nov ' 09 at 12:46
    Trick them!Posted by Manish, Dubai - WHAT AN EXCELLENT IDEA - WHY NOT GIVE SOMEONES NUMBER IN ONE OF THE TELECOM'S DUOPOLYSURE WHEN...   More  »
  2. 'Worrying' diabetes tests raise doubt on UAE's health 05
    24 Nov ' 09 at 13:42
    Obesity is on rise in every part of the world but especially in Gulf region especially due to life style changes.We all need to...   More  »
  3. Dubai developers see negative press reports decline 04
    24 Nov ' 09 at 07:48
    How much can one read/write abt one particular event. That’s the only reason the negative writing has gone down no one is interested...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM