National Bonds to invest Dh500m in The Lagoons

DUBAI — National Bonds, the national savings scheme of the UAE, is to invest Dh500 million in 'The Lagoons', a waterfront city being developed adjacent to Dubai's Ras Al Khor Wildlife Sanctuary by Sama Dubai, the international real estate investment and development arm of Dubai Holding.

By A Staff Reporter

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Published: Tue 12 Sep 2006, 9:38 AM

Last updated: Sat 4 Apr 2015, 4:20 PM

National Bonds' investment in 'The Lagoons' is the private company's first foray into the UAE's real estate market. The investment will be funded by capital leveraged from the National Bonds scheme, in line with the company's policy of using funds for the benefit and development of the region.

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