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Nakheel signs deal with Saudi's Land Holding
- United Arab Emirates: Thursday, October 09 - 2008 at 08:54
Dubai-based Nakheel and The Land Holding, a Saudi Arabian developer, have signed an agreement to form a joint venture company for the development of projects at Waterfront, a Nakheel coastal master-development. According to Yousuf Kazim, the managing director of Nakheel Joint Ventures, the new company will develop a number of plots of land at Waterfront. The joint venture, which is yet to be named, is currently working on project designs and will announce an investment package shortly, he said.
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Jeff Florian, Senior ReporterThursday, October 09 - 2008 at 08:54 UAE local time (GMT+4)
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