UAE Company to Invest in Karbala

A UAE company has agreed to build a residential and commercial compound in Karbala, the chairman of the Karbala council said on Monday.

“A delegation from a UAE company has wrapped up its several-day visit to Karbala, during which it expressed an interest in implementing tourism and hotel projects in the province, as it has done in a number of other Arab countries,” Mohammad Hamid al-Moussawi told Aswat al-Iraq news agency.

“The company will implement two projects; the first is a large shopping mall, while the other is a residential compound,” he added.

(Source: Aswat al-Iraq)

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