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Sama Dubai, EBG $6bn fund
- United Arab Emirates: Monday, June 05 - 2006 at 11:14
Sama Dubai and the Emirates Bank Group have established a joint venture to provide funds for the real estate sector. The size of this real estate fund will be $6bn and it will be developed over a decade. The joint venture will create real estate sub funds to attract investors, with each fund being dedicated to a Sama Dubai project from its portfolio of international, regional and local developments.
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Jonathan Sheikh-Miller, Deputy EditorMonday, June 05 - 2006 at 11:14 UAE local time (GMT+4)
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