Naseej, a leading real estate developer, is acquiring a 20 per cent stake in the Land of Paradise Waterpark and 17pc in the Al Areen Park Hotel within the Al Areen development.
A ceremony to mark the deal signing was held in the presence of Naseej chief executive Amin Al Arrayed and Al Areen Holding Company managing director and board member Shaikh Mohammed bin Duaij Al Khalifa, in the presence of a number of officials from the two companies .