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Dubai’s Emaar sets up Jordan office to boost sales
DUBAI - Emaar Properties EMAR.DU, the largest Arab developer by market value, said on Wednesday a subsidiary had opened an office in Amman, Jordan to help boost sales at a project on the Dead Sea shore.
Emaar International Jordan is building the $500 million Samarah development with the Dead Sea Touristic and Real Estate Investment Co. and other investors in Jordan and the region.
“Jordan is one of Emaar’s thrust areas in our geographic expansion plans,” Emaar Chairman Mohamed Alabbar said in a statement.
Samarah is Emaar’s first project in Jordan as it expands outside of Dubai, the source of 90 percent of its revenue.
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