Eagle Hills snaps up Baghdad land: Abu Dhabi-based developer Eagle Hills has purchased land in Baghdad to develop a USD 1.5 bn golf course and spa, according to a press release. The development will feature a five-star hotel, residential complexes, a golf course, and a resort club. The developer did not disclose the project’s expected timeline.
What was said: “Baghdad is a city with a rich history and vibrant culture. Our aim with the Baghdad Golf Course and Spa is to honor this heritage while also providing a modern, luxurious experience for its residents and visitors. This project praises Baghdad’s enduring spirit and celebrates its bright future,” Eagle Hills Chairman Mohamed Alabbar said, following a meeting with Iraqi Prime Minister Mohamed Shia Al Sudani.
Eagle Hills has been expanding its reach in recent months: Eagle Hills agreed to help develop a Budapest neighborhood under a EUR 5 bn agreement inked in March. It also agreed last February to establish a USD 4 bn real estate company in Bahrain to develop multi-purpose projects in the Kingdom.