State-backed Abu Dhabi and Dubai developers launch new $8.2B joint venture The UAE’s leading emirates will develop local and foreign projects together
From left: Dubai Ruler and UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid al-Maktoum, Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan. (Credit from left: World Economic Forum, Imre Solt)
Two of the United Arab Emirates most prolific developers, Emaar Properties and Aldar Properties, are teaming up.
Through a recently-announced $8.2 billion joint venture the developers will spearhead two mixed-use waterfront projects one in Duba上海龙凤论坛