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Abu Dhabi announces Dh100b project
Abu Dhabi, the capital of UAE, yesterday unveiled plans to develop Saadiyat Island into an international tourism destination by attracting about Dh100 billion in three phases through public-private partnerships. Gulf News
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Abudhabi is the capital of UAE and is lesser known than it's more famous neighbour Dubai.
However, Abudhabi never was interested in real estate invesment due to the unusually high reserves of oil i has ..( 10 % of the worlds reserves). But due to the success of Dubai in Real Estate.. Abudhabi too has started to look in the same direction ..
and mind you .... They have LOTS of money ..
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