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Bawadi by Tatweer in Dubai
Bawadi by Tatweer in Dubailand, Dubai: A state-owned Dubai company plans to build a Dh100 billion tourist and leisure resort in the city that will feature a cluster of 31 hotels, including the world’s biggest, and some 100 theatres presenting live cultural shows.
Emaar-Bawadi deal
Bawadi will contribute 6.5 million m2 of land worth $1 billion towards the deal, while Emaar will invest $1.05 billion, which replaces a land-for-stock deal the company scrapped in August after investors drove its shares to a 28-month low because they were kept in the dark about the details.
Emaar Bawadi unveils new project
Emaar Bawadi, the joint venture between Emaar Properties and Bawadi, on Saturday said, it has unveiled Maysan Towers – the first residential tower complex comprising three high-rise apartment towers within the 70 million square feet Asmaran master-planned community in Bawadi.
Dubai to open ‘world’s biggest’ airport for cargo next month
Dubai’s second airport, designed to be the world’s largest when completed, will open in June for cargo only, with plans to receive passengers in spring next year, Dubai Airports chief said Tuesday.
UAE infrastructure to touch Dh80bn
The quarterly UAE Infrastructure Report by Business Monitor International (BMI) reckoned that infrastructure growth in the UAE this year will be fuelled by Abu Dhabi, and to a lesser extent by transport infrastructure projects in Dubai, such as the Green Line Metro project, the Al Maktoum International Airport and the expansion of Dubai Airport.
