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Dubai World, Chinese ventures
- United Arab Emirates: Sunday, July 09 - 2006 at 13:47
Dubai World is to develop real estate and tourism projects in the Chinese city of Qingdao, reported Gulf News. Two Dubai World's foreign focused operations, Limitless and Istithmar, are set to put large cash sums into developing hotels, a convention centre, shopping malls, marinas, office towers and residential blocks in China. Chairman Sultan Ahmad bin Sulayem said it was too early to give specific investment amounts.
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Jonathan Sheikh-Miller, Deputy EditorSunday, July 09 - 2006 at 13:47 UAE local time (GMT+4)
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