| 11.12.2009 - Emaar drops merger plan with Dubai Holding entities |
| From Gulfnews.com: Emaar Properties, which is expected to inaugurate the world's tallest tower Burj Dubai in four weeks, on Wednesday called off a merger plan with the real estate entities of Dubai Holding that could have created a $52.8 billion property giant. Emaar Properties, which is 32.5 per cent owned by the Dubai Government, said it will not go ahead with its merger with Dubai Holding, which was announced a few months ago....................................Full Article: Source |