VOL. XLIII
No. 30
24-July-2000
UAE
UAE Establishes $136Mn Firm To Manage State Property
The UAE has approved the establishment of a Dh500mn ($136mn) government-owned firm to manage the Gulf states real estate holdings. According to the Gulf News on 17 July, the Minister for State Finance and Industrial Affairs, Muhammad Khalfan bin Kharbash, said that the Emirates Property Corporation will have an initial paid-up capital of Dh50mn ($13.61mn), which can be increased in the future through a public...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!