Gulf developers Emaar, Aldar launch $8bn partnership:
"Dubai real estate giant Emaar is teaming up with Abu Dhabi’s Aldar to launch more than $8bn of projects as the United Arab Emirates looks to streamline competitiveness.
In tweets from the ruler of Dubai and Abu Dhabi’s crown prince, the two companies agreed to partner on developments in the seven emirates of the UAE and abroad.
The deal would be “combining efforts, energies, cooperation and working together in creative plans and programmes that enhance the leadership of our companies and the competitiveness of our institutions at the global level,” the state news agency reported."
'via Blog this'
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