09.10.2008 - DIFC invests $ 817 mln in Dubai Pearl
From AME Info: Dubai DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC), has announced that it has invested more than Dhs3bn ($817m) in the Dubai Pearl project. The investment was made through DIFC Investments' real estate fund, which was launched recently to tap into the booming property sector in Dubai and the UAE. The multi-billion dirham fund seeks to create a portfolio of quality real estate acquisitions that will yield positive return on equity as the property sector continues to grow..... Full Article: Source