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Emaar denies report of role in Kingdom project
- Saudi Arabia: Monday, June 15 - 2009 at 12:02
Dubai-based developer Emaar Properties has denied it is investing in a development by Saudi Arabia's Kingdom Holding that will feature what would be the world's tallest tower, Reuters reported. Emaar said it has signed a deal with Jeddah Economic Company, adding that according to the agreement, it 'would only offer management services for a real estate project against a fee'. Emaar said it 'will not invest in any projects of this sort'.
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StaffMonday, June 15 - 2009 at 12:02 UAE local time (GMT+4)
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