Nakheel plans to double investments
Total investments by Nakheel in Dubai's zooming property sector have crossed Dh92 billion so far. In a few years, the firm intends to double its investments, Khaleej Times reported.
Sultan bin Sulayem, Executive Chairman of Dubai Ports and Customs and head of Nakheel Properties, said the 13 iconic projects currently under various stages of development would account for a combined investment in excess of $25 billion. And, with the launch of several more landmark projects in the future, this figure would be doubled, Sulayem was quoted as saying.