Nakheel and Meydan merger announcement by UAE PM Sheikh Mohammed bin Rashid under Dubai Holding

TWO TOP REAL ESTATE DEVELOPER MERGE UNDER UAE PM SHEIKH MUHAMMAD BIN RASHID’S COMPANY

In a landmark move set to reshape the landscape of the UAE’s economic and real estate sectors, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, has announced the merger of two of Dubai’s most prominent real estate developers, Nakheel and Meydan. This strategic consolidation falls…