The trash in Abu Dhabi royal Sheikh Nahayan Mubarak al-Nahayan has canceled a temporary agreement envisaged spending $ 4.5 billion over 15 years in real estate projects in Karachi, Pakistan businessmen - cancel less than two weeks in the completion of the transactionafter signed.
There is no valid reason to cancel the Abu Dhabi Group, in a statement, Sheikh Nahayan chair.
Memorandum of Understanding has been touted in Pakistan, the construction of residential property on an island with of Pakistan Properties 亨马利克里 Diaz Hussein, the country's biggest ever foreign investment.
Said in a statement received by Reuters, has assumed the chiefs, Enterprise Group, the privately owned construction company, Abu Dhabi Contracting any financial obligations or commitments.
"This is ... Unfortunately, the discussion between the two sides failed to reach any conclusions memorandum of understanding has been canceled," it said.
Abu Dhabi Group to invest in emerging markets, including Bank Alfalah Limited, Warid Telecom, Al Razi Healthcare and Wateen Telecom to invest heavily in Pakistan.
 



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