29.10.2008 - Gulf property developers gear up to transform Tunisia's capital city
From AFP: Armed with a mass of petrodollars, Gulf construction companies stand at the vanguard of a property boom in Tunisia, which is opening itself up to foreign investors. Diggers are busy tearing up the wider Tunis area, which is braced for vast urban development, as the government tries to boost economic growth to offset the country's spiralling unemployment. The largest project, launched in September and christened "The Mediterranean Gate," will house Africa's tallest tower according to Farhan Faraidouni, the head of Sama Dubai property development company, a subsidiary of Dubai Holding..... Full Article: Source
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