Sharjah Police: ‘Don’t give money to beggars’
Fighting the world’s biggest killer
Twist and shout
Smoking with child in car banned
“Your customers aren’t fools”
Behind the curtain of Simone Heng
Chatting with the man behind Dubai City Pass
A business discussion with the author of ‘Connect The Dots’
India’s DLF to buy out Dubai World in JV – report
Indian real estate firm to buy out the stake held by Dubai World's property arm in an equal joint venture in India for about $43 million.
July 26, 2010 9:31 by Reuters
Indian real estate firm DLF is buying out the stake held by Dubai World’s property arm in an equal joint venture in India for about 2 billion rupees ($43 million), the Economic Times reported on Monday.
A unit of DLF will buy the stake owned by Limitless Group, which is a part of Dubai World, in Bidadi Knowledge City in southern Karnataka state, the newspaper said, citing a person with direct knowledge of the transaction.
Officials at DLF and Dubai World could not immediately be reached by Reuters for comment.
(Writing by Sumeet Chatterjee; Editing by Ranjit Gangadharan)
More on GCC
-
Online Learning On The Rise
-
Saudi’s Sipchem picks HSBC as adviser for Sahara merger
-
KOHLER Raids Counterfeit Center, Destroys Over 700 Products
-
Saudi Arabia Says MERS Coronavirus Kills Four More
-
Qatar Airways expands fleet
-
Qatar tightens caps on banks’ securities investment
-
Abu Dhabi’s Waha Capital Buys Stake In Healthcare Firm
-
Saudi Arabia plans to block WhatsApp within weeks
-
MERS coronavirus claims another life
-
Back to pre-crisis peak
-
Nokia Lumia 720 launches ‘Man of Steel’ campaign
-
Dubai World unit sells UK asset to Brookfield
-
UAE banks ask to permit loan transfers for Emiratis
-
Indonesians protest at Jeddah consulate
-
UAE Regulator To Allow Trading In Share Offer Rights
-
Citigroup To Exit UAE Interbank Rate Setting Panel
-
World’s largest mall to get bigger
-
Mediaquest acquires AME Info and SME Info
-
Emaar Plans JV With Dubai Holding For New Project
-
Global damage of corruption
Lately on Kipp
-
Mother Technologies appoint Whitehats as their local IT support
-
Flying Doctors India, Intensive Care Unit in the sky at 30,000 feet
-
Comguard wins the coveted Security Distributor of the Year Award
-
Mile-high tower fit for a prince
-
CompTIA Middle East Research Reveals Focus on IT Recruitment to Boost Business Competitiveness and Security
-
Shift in strategy since acquisition – Paul Kenny
