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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, March 12, 2009

Horizon Terminals Ltd Invest $300 Millions in South Korea and Morocco

UAE's Horizon pumps $300m in South Korea, Morocco - Transportation
Arabian Business
Storage operator Horizon Terminals Ltd is investing nearly $300 million to expand its terminal in South Korea next month and to build a new facility in Morocco by early 2009, its chairman said on Wednesday.
The Horizon Terminals group, wholly owned by Emirates National Oil Co (ENOC), has already pumped $350 million into its Singapore facility - which will open its third phase on Thursday - and invested $400 million into its 1.2 million cubic metre terminal in Fujairah. ...

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