Dubai – Mubasher: Dubai Holding and Emaar Properties intend to revive the Bawadi touristic project in Dubai, which come as part of the emirate’s plans to increase the capacity of its hospitality sector to host visitors of Expo 2020 Dubai, reported Al Bayan newspaper, citing unnamed sources.
The two companies will also revive the Bawadi real estate project, which includes tens of hotels in Dubai, the UAE newspaper said, adding that Dubai Holding announced the project between 2006 and 2007 at a value of AED 100 billion then.
Dubai Holding’s total projects in the UAE are valued at AED 28.3 billion and are expected to be executed in the next 4-5 years.
