06/02/2008
The CEO of the UAE’s Al Maabar International Investments Company announced on Tuesday (February 5th) that the company plans to set up a $10 billion real estate development, Bled El Ward, in Tunisia. He said the development will comprise a modern city that includes an International Health City, water channels, tourist resorts, residences, sports facilities, golf courses, open spaces and shopping and entertainment areas. Tunisia's real estate sector has seen a major boost in recent years, due in large part to oil windfalls in the Gulf region.