Sama Dubai scraps Bahrain resort deal

21 January 2009

A joint venture between Bahrain's Nass Corporation and South Africa's Murray & Roberts Holdings said on Tuesday its contract to build a hotel resort for Sama Dubai in Bahrain had been terminated, reported Reuters. The contract covered the luxury Salam resort, a luxury beach-front resort close to the Bahrain Formula 1 track. Sama Dubai, the international real estate arm of state-owned Dubai Holding, did not give a reason for the termination.

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