Saturday, 23-November-2024 11:58
 
no comments in "Economy"
Economy
Almotamar Net - Executive works for the infrastructure components of the Firdous Aden City project are inaugurated in Aden Wednesday. It is the biggest tourist and housing investment project to be built in Aden by Gulf, Egyptian and Yemeni investors.

Wednesday, 23-January-2008
almotamar.net - Executive works for the infrastructure components of the Firdous Aden City project are inaugurated in Aden Wednesday. It is the biggest tourist and housing investment project to be built in Aden by Gulf, Egyptian and Yemeni investors.

The project is to be implemented by consortium of Egyptian, Saudi, Emirates and world companies with a total cost amounting to $10 billion.

Chairman of the board of directors of the Arab Centre for Integrated Studies which prepared designs of the city Dr Rakhaa Hashim said Yemeni companies have lately started work in preparatory works for implementing the project.

He said the project is to be built on an area of 16 million square metres over three stages extending to 8 years. It will consist of tourist villages, a trading centre which includes more than 2 thousand offices, university, international hospital, a housing city of 20 thousand flats, 20 thousand villas and palaces, entertainment city covering an area of 70 fedans, health club, popular markets, resorts, hotels, a social club for the elderly and a Palace for International Conferences containing 12 halls.

The project also includes a wharf for tourist yachts for offering services in addition to ports for yachts and ships and a lighthouse.

Dr Hashim said what distinguishes the city is that it is situated on an area of 8 km long and 2km deep and protected against sea waves and wind currents and will have a shore the size of Nimah Gulf of Sharm el-Sheikh, with similar tourist characteristics.
More from "Economy"

Other titles:
Tuesday, 17-October-2017
The United Arab Emirates acknowledged on Tuesday that two of its pilots were killed when their military aggression plane crashed over Jawf province, a military official said

The official added that the aggressive crashed plane was an apache that was
Tuesday, 17-October-2017
Three citizens were killed and four others wounded in two Saudi air strikes hit Majza district of Saada province, an official said on Tuesday.

The strikes hit a citizen's car in al-Jamalah area in the district, the official added.
Tuesday, 17-October-2017
Artillery of the army and popular shelled a gathering of Saudi-paid mercenaries in al-Moqadra area in Serwah district of Marib province, a military official said on Tuesday.

Meanwhile, dozens of Saudi-paid mercenaries were killed and others injured in Wadi al-Theek in the district, the official added.
Monday, 16-October-2017
The army and popular forces carried out on Monday unique military operations in Taiz province.

A military official said that a number of Saudi-paid mercenaries were killed at the hands of the army and popular forces in al-Jazami Hill in al-Kadaha area in al-Ma'afer district.
Monday, 16-October-2017
A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
Monday, 16-October-2017
The army artillery and popular committees launched a fierce attack on Saudi-paid mercenaries' sites in Jawf province, a military official said on Monday.

The attack destroyed a military vehicle belonging to the mercenaries and killed all on board in Sabran area in khab and shaaf district.
Sunday, 15-October-2017
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.

The operation was accomplished successfully against the Saudi
Sunday, 15-October-2017
The army and popular committees have killed a total of 18 Saudi-paid mercenaries in sniper operations over the past hours in the central province of Marib, a military official said on Sunday.

Ten mercenaries were killed in Nehm district and eight others were killed in Serwah district, said the official.
Saturday, 14-October-2017
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.
Thursday, 12-October-2017
The army and popular forces carried out an operation attack on Saudi-paid mercenaries' sites in al-Hawal area in Nehm district.

A local official said that the operation attack resulted in killing and injuring mercenaries, adding they also incurred heavy losses at their ranks

who we are     |    Advertising     |    contact us
All rights reserved © Almotamar Net, Developed by