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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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Tuesday, March 3, 2009

US $24 Billion Industrial Port and City Project in Abu Dhabi

Abu Dhabi Plans $24B In Industrial Port & City Project
Business 27/7
Total investments in Abu Dhabi's industrial port and city project will be $24 billion (Dh88bn), this was announced yesterday.

The project is expected to form nine per cent of Abu Dhabi's Gross Domestic Product and 80 per cent of the government revenue, said Maqita Al Ahbabi, Senior Coordinator of Project Development Strategy and Development, Abu Dhabi Port Company. It will cater to 300, 000 residents and will create 150,000 jobs, she said. ...

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