Eagle Hills UAE launches “Riga Waterfront” in Latvia for 12 billion dirhams

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The Riga Waterfront project, developed by Eagle Hills, includes about 8,000 residential units, in addition to a group of hotels and more than 1,000 hospitality units.

The company launched “Eagle Hills“ Emirati, today, its real estate project ”Riga Waterfront“ In Riga, the capital of the Republic of Latvia, with investments amounting to 3 billion euros (12 billion dirhams).

The project includes about 8,000 housing units that can accommodate about 30,000 people, in addition to a group of hotels, more than 1,000 hospitality units, a port for ships and yachts, a shopping center, and green public squares.

The project was announced in the capital of Latvia, in the presence of Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, Ahmed bin Ali Mohammed Al Sayegh, Minister of State, and Muhammad Al-Abbar Founder and Chairman of the Board of Directors of Eagle Hills, in addition to dignitaries and investors from the UAE and the Republic of Latakia.

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Dr. Thani bin Ahmed Al Zeyoudi stressed that the “Riga Waterfront” project reflects the depth of bilateral ties, as Latvia is a promising economic destination and an important trade and investment partner for the UAE in the Baltic region. The two countries aim to enhance cooperation in many sectors of common interest.

For his part, Ahmed bin Ali Al Sayegh stressed that this project, which was launched with Emirati investments, reflects the joint keenness to enhance cooperation in priority sectors, especially in light of the continued growth in bilateral relations between the two countries.

In turn, Mohamed Alabbar, founder and Chairman of the Board of Directors of Eagle Hills, said that the project represents a reflection of the strategic vision to develop Latvia and the capital, Riga, and qualify it to become the new center of Europe, noting that the project plan represents a certificate of commitment from “Eagle Hills” to develop communities with the province. in nature.

 

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