Bahrain’s Arcapita Bank has signed an agreement with Qatari Diar Real Estate Investment Company to launch a utilities and infrastructure services company.
The new firm, Doha-based Diar Infrastructure Services Company, will develop infrastructure services including district cooling, sewage treatment, wastewater and desalination, power generation and telecommunications for all Qatari Diar projects.
Its first project will be at Lusail, Qatar's largest real estate development.
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