Mabani Aljazeera plans big investment in premium Kenyan residential tower

Summary:

Mabani Aljazeera Holding Group, a leading Saudi construction firm, is set to invest in Jabali Towers within Kenya's Tatu City Special Economic Zone. This premier mixed-use project features two towers with apartments starting at KES10.2 million ($78,200), and has already seen over 80% of the first tower sold. The investment, made through subsidiary Swan Properties, signals strong foreign direct investment confidence in Kenya. Jabali Towers will offer exclusive amenities and 35 public restaurants and shops, supported by extensive infrastructure. Chairman Abdullah AlMalki expressed enthusiasm for the project, highlighting its potential as Africa's top real estate development.