Damac confirms talks with Trump over property deal

By: Amr Adel

Dubai – Mubasher: Damac Properties confirmed discussing a new commercial deal with US President-elect Donald Trump.

Trump said at a press conference on Wednesday that he turned down a $2 billion (AED 7.3 billion) deal offered by Damac’s Chairman Hussain Sajwani.

Damac confirmed in a phone call with Mubasher discussions held with Trump on different property deals, yet the US President-elect refused such proposals.

The company’s spokesperson refused to reveal more details for reason of competition.

Translated by: Julian Nabil

MUBASHER Contribution Time: 12-Jan-2017 12:21 (GMT)
MUBASHER Last Update Time: 12-Jan-2017 13:28 (GMT)