Dubai's RP Group to invest USD1 b in new developments


(MENAFN) RP Group of Companies has announced its plan of investing as much as USD1.089 billion to construct new hotels and developments in the UAE during the current year, according to Khaleej Times

The new investment is expected to generate over 7.500 new jobs in Dubai



Dr Ravi Pillai, founder and chairman of RP Group of Companies, said: "The group"s new projects in 2014 will create more than 25,000 new jobs in the Gulf region, complementing the efforts of GCC governments to drive employment generation.



He added that the new investments also mark the expansion of the company to real estate development in the UAE


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