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MAG GROUP and Citic Limited Sign USD 6 Billion MOU for “Keturah Ardh” Project in Dubai » World Business Outlook
In a landmark move poised to significantly shape Dubai’s luxury real estate landscape, MAG Group and CITIC Limited, one of China’s largest state-owned conglomerates, have announced the signing.
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Dubai real estate: MAG Group and CITIC Limited sign $6bn deal
MAG Group and CITIC Limited have signed a Memorandum of Understanding (MoU) for the development of Keturah Ardh, an AED 22 billion ($6 billion) project in Dubai’s Al Rowaiyah First District.
The.
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