Register | Forgot password?
Switch to Arabic
Monday, November 9 - 2009
Page navigation Browse related articles

Nakheel and Auchan sign JV

  • United Arab Emirates: Tuesday, July 08 - 2008 at 11:07

Dubai-based developer Nakheel, a Dubai World company, has announced the creation of HyperCorp LLC - a joint venture company with the Auchan group, one of the world's largest food retailing groups. HyperCorp aims to develop the Auchan banner across the Gulf with French company Auchan holding 10% of the capital. The new company plans to open a first wave of five hypermarkets located in Nakheel's developments across Dubai including Dragon Mart, Great Mall Dubai in International City, Palm Jumeirah, Jumeirah Village and Palm Deira.

Also consider reading:

Disclaimer:

The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.

AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.

In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.