Dubai Ruler

Largest Investor Dubai

Dubai’s Ruler Becomes Emaar’s Second-Largest Investor

In a 7.5 billion dirham ($2 billion) deal, Emaar Properties announced on Thursday that it was buying out its joint venture partner in a Dubai property development. As a result, the ruler of Dubai will move up to the developer's second-largest stakeholder position. The leading developer in Dubai, Emaar, said in a statement that it has achieved an agreement with Dubai Holding, the investment vehicle of...

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