Nakheel to build new resort
Nakheel, a leading Dubai real estate developer, has announced a new luxury resort on one of the islands of The World project in Dubai. The World is a cluster of 303 man-made islands that are being sold to developers and investors to build tourist facilities and private estates.
"We are developing many projects within The World and among them is a resort. There are negotiations to make a brand that will be promoted in the world," company chairman Sultan Ahmad bin Sulayem was quoted as saying by Gulf News.