Aayan to implement real estate projects in Dubai
Well informed sources told the Kuwaiti newspaper Al-Rai Al-Aam on September 18 that an Emirate-based company owned by Aayan Leasing & Investment Co. has been awarded the management and accomplishment of real estate projects worth some $100 million.
The same sources revealed that the company is expected to enter the Kuwaiti stock exchange during the first half of 2006. The Emirate company will manage
all real estate projects in Dubai on behalf of Aayan Leasing & Investment Co. It should be mentioned that Aayan has recently bought a land plot in an attractive location in Dubai, where it intends to implement a huge investment project with commercial complexes, towers and hotel apartments.
Aayan's main activity is leasing and investment activities. All activities of the group are carried out in compliance with the Islamic Shari'a, as approved by the parent company's Fatwa and Shari'a supervisory board.