Browse
related articles
Murdoch acquires web portal
- United Arab Emirates: Thursday, November 08 - 2007 at 08:02
Australia's REA Group, owned by Rupert Murdoch, has acquired Dubai real estate portal AlBabWorld.com and relaunched it under the name of propertyfinder.ae, reported 7Days. Founders Michael Lahyani and Leonard Dionisotti will retain 49% of AlBabWorld.com through their Swiss Media Group and continue to operate the business. REA Group, the world's largest online real estate advertising network with 16 web sites in ten countries, paid $1m for AlBabWorld and injected $2.1m.
Related Content
Article Options
Jeff Florian, Senior ReporterThursday, November 08 - 2007 at 08:02 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
