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Iraq expects UAE investments worth 17 billion dirhams
25/9/2017 12:00 am [rtl]Dubai Emaar Properties (EMAAR), listed on the Dubai Financial Market (DFM), confirmed the news in the media about its investment of AED 17 billion in Baghdad, according to a press release. The company said in a statement on the market site, Sunday, that it is constantly evaluating new projects at the local and regional levels. The company noted that it will provide necessary disclosures to the financial market if the Board of Directors approves any major new investments . The Minister of Industry and Minerals, Mohamed Shi'a Sudanese, noted that Emaar intends to build a residential city in central Baghdad, at a cost of 17 billion dirhams. The Sudanese, according to UAE media, during the UAE-Iraq Investment Forum, that the project includes 70 thousand housing units and villas in Iraq. Emaar fell 0.68 percent to 8.74 dirhams, with 1.2 million shares, worth AED 10.55 million . Established in 1997, Emaar Properties operates in six international markets in six sectors through 60 active companies and has presence in 36 markets in the Middle East, North Africa, Asia, Europe and the United States.[/rtl] [rtl][You must be registered and logged in to see this link.][/rtl] |
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