Dubai Properties denies merger rumours
United Arab Emirates: Wednesday, January 07 - 2009 at 14:41
Dubai Properties said it has no plans to merge with Sama Dubai, a sister concern and a subsidiary of Dubai Holding, reported Emirates Today, citing an interview with Mohamed Binbrek, Group Chief Executive Officer, Dubai Properties Group. He said the company is 'building synergy' within Dubai Holding, but 'no merger has happened nor has there been any talk of it'.
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Jeff Florian, Senior ReporterWednesday, January 07 - 2009 at 14:41 UAE local time (GMT+4)
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