Emaar Properties pulls out of Algeria
Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly
Dubai’s Emaar Properties has closed its office in Algeria due to a lack of progress on its projects in the country, Gulf News has reported the company as saying.
“Emaar created designs for key developments in the country and the master plans were submitted to the authorities for necessary approval,” Emaar said in a statement. “Due to a lack of progress which is beyond the company’s control, the office set up to drive these projects forward has now been closed.”
Comments are closed.