Ajman eyes $15bn projects

United Arab Emirates: Saturday, January 27 - 2007 at 07:59

The emirate of Ajman has said $7bn worth of real estate projects have been released since 2004 and four new projects are in the pipeline. A statement released by the emirate reveals two of the upcoming projects will cost a combined total of $15bn. Al Azoura, a 50% dual partnership between the Ajman government and Lebanon's Solidere and which was revealed last week, will cost $13bn, while Ajman Marina will cost $2bn.

Jonathan Sheikh-Miller Jonathan Sheikh-Miller, Deputy Editor
Saturday, January 27 - 2007 at 07:59 UAE local time (GMT+4)

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This Article was updated on Wednesday, March 28 - 2007
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