Two sides of the Dubai boom
- Published: 22 November 2007 13:43
- Author:Ed James | More by this Author
- Last Updated: 26 November 2007 10:16
The news that Dubai World is planning to merge two of its subsidiaries, Nakheel and Istithmar Real Estate, is hugely significant. At a stroke, the new company will become the largest real estate firm in the world, with projects worth a combined $52bn, making it far bigger than the other Dubai-based stalwart, Emaar Properties.
The news that Dubai World is planning to merge two of its subsidiaries, Nakheel and Istithmar Real Estate, is hugely significant. At a stroke, the new company will become the largest real estate firm in the world, with projects worth a combined $52bn, making it far bigger than the other Dubai-based stalwart, Emaar Properties.
This content is only available to full MEED package subscribers (MEED magazine and MEED.com).
If you are already a subscriber to the MEED package and have activated your online subscription, sign in
If you are already a subscriber to the MEED package but have not activated your online subscription, please activate here
If you would like to subscribe to the full MEED package and get access to the whole of the website, please subscribe here
If you are a MEED magazine only subscriber and would like full access to MEED.com, please contact Customer Services who will upgrade your subscription.
