UAE firm plans $272m investment in Dubai

06 January 2010

Dubai International Holding Company, an investment firm owned by a Dubai Sheikh, plans to invest more than Dhs1bn ($272m) in Dubai's real estate sector in 2010, Emirates Business has reported. 'If you look at all the asset classes internationally, stock markets or anything else, right now the most depressed prices are for properties. We will be investing Dhs1bn in different projects across Dubai,' Sheikh Maktoum told the paper.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.