« Home | Sania Mirza Ranked 28th in the WTA » | Hurricane Dean is heading towards Tulum, Mexico » | Bollywood Stars In New York » | Google Pack will now include Sun Microsystems Star... » | Jenna Bush Engaged » | Saif Ali Khan Could Be Desi Bond? » | Aishwarya Rai In Pink Panther 2 » | Bollywood Stars Win Rajiv Gandhi Award » | 2007 Nissan NISMO 350Z » | Sania Mirza Beats Martina Hingis »

Dubai World invest in MGM Mirage

08/22/2007:
Dubai World, investment holding firm of the Dubai government, announced that it has agreed to invest up to $5.2 billion in MGM Mirage. The deal will involve Dubai World purchasing 9.5 percent stake in MGM for about $2.4 billion and will invest about $2.7 billion, a 50 percent stake in MGM's CityCenter project. Which is a 76-acre Las Vegas development project that includes hotels, condos and retail outlets and s due to open in 2009.

Labels: , ,

----- Post a Comment -----