Arab Today, arab today india\s sobha buys land in dubai\s meydan
Last Updated : GMT 10:44:37
Arab Today, arab today
Arab Today, arab today

India\'s Sobha buys land in Dubai\'s Meydan

Arab Today, arab today

Arab Today, arab today India\'s Sobha buys land in Dubai\'s Meydan

Dubai - Arabstoday

Indian developer Sobha Group has snapped eight million square feet of land at Meydan City at an undisclosed amount, to build a mixed-use project, officials said at a press briefing on Sunday. The project, Sobha City - will be located at Meydan’s Godolphin Parks area. “This reflects a return of investor’s confidence in the market as the market picks up,” Saeed H. Al Tayer, Chairman of Meydan Group, said at a press briefing. The Sobha Group is a multinational development and services firm owned and operated by internationally acclaimed developer, PNC Menon. The land sales will total approximately eight million square feet, and represents the largest sale of Meydan City offerings to date. This strategic relationship by PNC Menon’s Sobha Group will provide a long-term commitment to development in Dubai. Incorporated in 1995 by PNC Menon, Sobha Group has grown under Menon’s progressive vision and has significant operations throughout the Middle East including the UAE, Sultanate of Oman, Qatar and Bahrain. Al Tayer said, “This is a pivotal step in the overall development of Meydan City and we are pleased to forge this relationship with the Sobha Group. This investment and the commitment of PNC Menon is an indication of the international confidence in Dubai and its significant infrastructure. Under his leadership, Sobha Group has achieved an impressive record of success and creativity. Their commitment to quality and innovation compliments the goals for Meydan City and all of Dubai. We are pleased to welcome Sobha Developers as we welcome a new era of development for Meydan and Dubai.” Meydan City will feature an interconnected cityscape of four distinct districts where business, sport and cosmopolitan-living merge to complement one another. Situated approximately four kilometres from the mouth of Dubai Creek, Meydan City currently features the project’s flagship, the Meydan Grandstand and Racecourse, featuring the adjoining five-star, PNC Menon, Chairman of the Sobha Group said: “Dubai is one of the greatest success stories in the world. The scale of development and opportunities that are available in Dubai continue to attract the international market. This is why the Sobha Group is so pleased today to announce this partnership with the Meydan Group. Vision creates opportunity, and the Sobha Group is confident of the result of this partnership with the Meydan Group – success.”

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today india\s sobha buys land in dubai\s meydan Arab Today, arab today india\s sobha buys land in dubai\s meydan

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models

GMT 05:20 2017 Thursday ,23 February

WTO ratifies first multilateral trade deal

GMT 21:36 2017 Wednesday ,22 February

Opec needs to prolong cuts to eliminate surplus

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout

GMT 05:26 2017 Wednesday ,22 February

Singapore carbon tax would hit refiners, help renewables
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday