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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Monday, August 4, 2008

Mina Rashid Land Purchase & Nakheel Ties with US Food Retailer

Azizi Investments confirms Mina Rashid land purchase
Business Intelligence Middle East (press release) - United Arab Emirates
UAE. Azizi Investments, the Dubai-based multinational property developer, has today confirmed the purchase of over 667,000 square feet of land at Mina Rashid, the redevelopment of the old Port Rashid that is being master planned by Nakheel. ...On the announcement of the acquisition, Merwiss Azizi, Chairman of Azizi Investments commented: "When we were invited by Nakheel to participate in the... Azizi Investments will have an estimated AED 170 billion project value for developments by the end 2010. ...
 
Nakheel ties up with US food retailer to open Middle East stores
GulfNews - Dubai,United Arab Emirates
Dubai: Nakheel, a Dubai World company, announced on Monday a partnership with leading US food retailer Balducci's to open the company's stores in the Middle East. ...Nakheel and Balducci's are also set to expand into other locations throughout the Middle East. ...

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