An Irish business consortium has purchased the island of Ireland in 'The World' project off the coast of Dubai from real estate developer Nakheel Properties for AED 142 mln (EUR 29 mln). The announcement of the sale was timed to coincide with St Patrick's Day on 17 March.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
