Business | Property
Limitless in new Russian development
Limitless, the master development arm of Dubai World, and RDI Group, an investment company involved in managing land assets.
Dubai: Limitless, the master development arm of Dubai World, and RDI Group, an investment company involved in managing land assets, development projects and properties in the Moscow region, have signed a joint venture agreement to create a township near the Russian capital for around 12,000 people.
"The project - the first for Limitless in Russia - will be a distinctive, balanced residential community near Ivakino and Starbeevo in the Khimki Region, three kilometres from Sheremetyevo International Airport and 24 km north-west of central Moscow," a company statement said.
Business Editor's choice
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery
-
Banks can increase their share
Longer opening hours, more locations outside cities and lower charges can help
-
Geepas idea blossomed in Dubai
The journey led from a small shop in Bahrain to a $1.27b company in the UAE


