02.04.2015, 14:11
QATAR GENERAL INSURANCE ANNOUNCES THE COMPLETION OF INITIAL DESIGNS OF MOZOON TOWERS
OREANDA-NEWS. “Qatar
General Insurance & Reinsurance Company” is pleased to announce
that Mozoon Real Estate, which is a subsidiary company of Qatar General
Holding Company, a wholly owned subsidiary of “Qatar General Insurance
& Reinsurance Company”, has completed the initial designs of “MOZOON
TOWERS” project. This exciting project, comprising four hotel and apartment towers and 3,485 m2 of quality retail space, is located in the Doha City- Al-Dafnah area.
“General Real Estate Company”, a company wholly owned by “Qatar General Insurance & Reinsurance Company” has been appointed to manage the project.
OBEROI & MARRIOTT will operate the hotels and serviced apartments.
General Real Estate Company recently awarded the enabling works package to “BAUER” who will commence the works during April 2015.
"Mozoon Real Estate" was established in the year 2009 by "Qatar General Holding company" and “Al-Sari Trading Company”, as each one owns 50% of the company''''s capital. The purpose of this company is to develop the plot of land located in the Doha City- Al-Dafnah area which is owned equally by “Qatar General Insurance & Reinsurance Company” and “Al-Sari Trading Company”.
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