Mohammed Bin Ali Al Hedfa

HAVING SPENT 2013 bailing out ailing property firm Barwa, last year continued in much the same manner for Al Hedfa, with Diar acquiring a 95 per cent in Barwa Commercial Avenue Co for $2.5 billion. The firm also revealed new projects in Oman and turkey and won approval for the first phase of its Chelsea Barracks master plan in London, on top of opening its $1.5 billion City Center DC project in Washington DC, US. This year, Al Hedfa is expected to look at further opportunities in the western hemisphere, following the success of the Washington project.