8 Hrs
Source:
المشهد العربي
Emirates Eagle signs $20B waterfront deal
Eagle Hills, a UAE-based company, has signed an agreement worth $20 billion with the Maldives government to develop a massive project featuring a waterfront, a luxury marina, and resort village in the Ras Muari area near Malé. The project includes hotels, resorts, residential units, and service facilities. It is expected to create over 54,000 jobs, attract more than one million visitors annually, and generate tourism revenues exceeding $2 billion per year. The overall investment targeted is up to $30 billion across different phases of development.
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