Nakheel to invest US$817 million in Dubai retail space

uae. nakheel plans to invest aed 3 billion (us$817 million) by 2012 to develop retail space in its home market of dubai, emirates business 24/7 reported, citing a company director.

the state-owned company plans to develop 13 million square feet of retail space in the gulf emirate, the newspaper reported, citing graham dreverman.