| From Cyprus-mail.com: Cyrus finance minister Charilaos Stavrakis said the Qatar Investment Authority had expressed a “keen interest” in additional possible investment projects in Cyprus with the participation of investors from the public and private sectors.
Earlier this year, the two countries signed a multi-million euro deal to develop a hotel, residential and commercial complex in central Nicosia opposite the Hilton hotel.However the deal stalled after disagreement arose over the value of the property, with Cyprus’ appraisal being significantly than that of Qatari Diar, the state-owned real estate company that is to bankroll the project..............................................Full Article: Source
|