source Go Wealthy
New entrant to Dubai real estate market, Nobles Properties, will build the $500 million Tripolis Towers in Libya, officials said. The Tripolis Towers in Libyan capital, Tripoli, will be constructed in conjunction with a pact signed with OYA Tourism Investment and Development, a subsidiary of Libya's Economic and Social Development Fund. Off late, Dubai real estate developers are trying to leverage a growing demand in the Libya for multi-purpose property developments.
Omar Ayesh, founding chairman of Nobles: "We see great potential in the Libyan market and its outstanding level of economic competitiveness, which stems from a unique combination of attractions that cannot be found elsewhere."
The Tripolis Towers includes two 40-storey residential properties on 275,000 square feet of waterfront land in Tripoli.
Friday, September 12, 2008
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