Tuesday, 23 January 2018 07:51 GMT

Dubai's Flora invests USD204 m in new projects

(MENAFN) Dubai-based Flora Hospitality plans USD 204Ù«17 million worth expansion projects in the city over the following two years, according to the National AE. The projects will include building four new hotels in Dubai, and will be located in Downtown and Deira. The company plans to fund the expansion through its own capital from real estate rents in the emirate.

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