Wednesday 27 November 2024
 
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hotel sale

Emaar 'planning to sell key Dubai hotels'

Dubai developer Emaar Properties is looking to sell two hotels in its Downtown Burj Dubai development, according to a report on Wednesday. Arabian Business, citing unnamed sources, said on its website that the developer of the world's

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Union Properties eyes hotel sale

Dubai's Union Properties expects to sell its Ritz Carlton hotel in the Gulf emirate by the end of July, and will use the cash to finish projects and reduce its debt, its chairman said on Monday. The company, which has put the hotel on

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