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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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Thursday, December 4, 2008

Black Sea Port of Poti Sold to UAE's RAK Investment Authority

Georgia sells rest of Black Sea port to UAE's RAK
Reuters - USA
TBILISI, Dec 3 (Reuters) - Georgia has sold the remaining 49 percent of its Black Sea port of Poti to RAK Investment Authority of the United Arab Emirates for $65 million, its deputy minister Vakhtang Lezhava told Reuters on Wednesday.
"Now RAK Investment owns all the shares in the port," he said.. ...

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