The work on the detailed design of Aladdin City, a project of three main towers on Dubai Creek inspired by the ancient Aladdin stories, has commenced, according to a Dubai Municipality official.
On Thursday, representatives from Dubai Holding launched the Smart City Korea project in Seoul, with the aim of developing the project on 51 million square feet between Seoul and Incheon.
Emirati tycoon Khadem al-Qubaisi reportedly sold Madrid's renowned Cepsa Tower to the founder of the leading fashion and textiles group, Inditex, at a cost of $551 million.