Dubai World in Africa eco venture
United Arab Emirates: Saturday, February 16 - 2008 at 15:37
Dubai World Africa is investing $200m in the Bilene Hotel, a prime beachfront resort in Mozambique. The nature reserve will be managed by Dubai World Conservation Africa, focusing on eco tourism. The move is part of Dubai World's strategy to acquire high-end assets in key destinations across the world.
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Medilyn Manibo, Assistant News EditorSaturday, February 16 - 2008 at 15:37 UAE local time (GMT+4)
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