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Sun 20 May 2007 12:00 AM

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Habtoor in expansion drive

The Al Habtoor Group is to spend around US$680m over the next two years expanding its various subsidiaries.

The Al Habtoor Group is to spend around US$680m over the next two years expanding its various subsidiaries. Much of this investment has been allocated to its real estate division with a resort on the Palm Jumeirah due to be built over the next two years, while the group has also acquired two new residential buildings located in Dubai Marina and Deira respectively.

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