Dubai launches $95 bln property project
guardian.co.uk - UK
The Dubai government has launched a 350 billion dirham ($95.29 billion) project to develop a huge swath of land near the coast, despite increasingly difficult financing conditions and rising investor caution.
guardian.co.uk - UK
The Dubai government has launched a 350 billion dirham ($95.29 billion) project to develop a huge swath of land near the coast, despite increasingly difficult financing conditions and rising investor caution.
Meraas Development, part of the holdings group that purchased a stake in the General Motors building in Manhattan, aims to build apartments, shopping malls and offices in some of Dubai's older districts over the next 12 years, chief executive officer Sina al-Kazim told Reuters in an interview. ...
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