Article: AME Info, Abu Dhabi, United Arab Emirates, business briefs column.(Column)

Jun. 27--ISTITHMAR 80 PERCENT OF $130M PROJECT: Dubai's Istithmar has bought an 80 percent stake in a $130m hotel project in Bangkok. The local Golden Land Property Development owns the lease on the 160,000 sqft development site. The hotel will form a substantial part of Golden Land's Sathorn Square mixed-use development. Work on the 400-room hotel and conference centre starts later in 2007 and is due to open in 2010.

$2.6BN QATALUM FINANCING IN JULY: Norway's Norsk Hydro and Qatar aim to finalise in July about $2.6bn in project financing for the joint venture Qatalum aluminium smelter, the Peninsula reported. Norsk has raised the cost estimate of the project by ...

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