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Wednesday, March 21, 2007

Dubai to invest $5 billion in Istanbul - Construction - ArabianBusiness.com

"Dubai to invest $5 billion in Istanbul
by Reuters on Wednesday, 21 March 2007

Istanbul's business district is booming and real estate prices are soaring.

Dubai Holding property unit Sama Dubai on Wednesday made a winning bid of $705 million in a tender for land in Istanbul's thriving business district where they plan to build a major business and leisure complex."

More:Dubai to invest $5 billion in Istanbul - Construction - ArabianBusiness.com