Dubai-Mubasher: Ajman Bank plans to invest AED 500 million in two major real estate projects in the emirate of Ajman in 2015, said the bank’s CEO Mohammed Abdul Rahman Amiri.
The first project is a complex comprising of a shopping mall and warehouses in Al Jafr industrial area, Amiri said.
The second project is a luxurious residential complex that is composed of 400 units and leisure facilities.
Construction works of the first project are scheduled to be completed in the second quarter of 2016, while the second project is expected to be finalised within two years.
