Dubai Properties aims at luring Brazilian investors

Dubai Properties, the real estate development company owned by the government of Dubai aims at luring Brazilian investors. Representatives from the company were recently in São Paulo to promote various projects among the Brazilian business community. According to ANBA, the director of the international business development department at the company, Fahad Al Gergawi, said that the estimated value of the projects under way in Dubai and those to be built in the next ten years adds up to US$ 110 billion.