Regional stock market indices Regional currency rates Dubai Properties Plans $200B Worth of Projects Dubai Properties, a member of Dubai Holding, consolidated its activities under a new holding company: Dubai Properties Group (DBG). The new group structure consists of six divisions that include real estate verticals, hospitality, property services, international investments, engineering and real estate development. The new group aims at increasing its global real estate investments up to $200 billion in the next three years. In 2008, DBG plans on handing out 5,000 commercial, residential and retail units across the region. The group has already invited bids for the $15 billion Mudon development in Dubailand. This project involves the building of 12 four-floor residential buildings with 8,000 square meters each. Tehran Holds Talks on $90 Billion Listing Iran’s Privatization Organization (IPO) is planning on listing $90 billion worth of energy related holding company shares on the Dubai International Financial
