{"id":12098,"date":"2019-08-20T14:56:37","date_gmt":"2019-08-20T14:56:37","guid":{"rendered":"https:\/\/onplan.ae\/emaar-comments-on-mou-signed-with-chinas-bna\/"},"modified":"2019-08-20T14:56:37","modified_gmt":"2019-08-20T14:56:37","slug":"emaar-comments-on-mou-signed-with-chinas-bna","status":"publish","type":"post","link":"https:\/\/onplan.ae\/ar\/emaar-comments-on-mou-signed-with-chinas-bna\/","title":{"rendered":"Emaar comments on MoU signed with China\u2019s BNA"},"content":{"rendered":"<div>\n<p><strong>Dubai \u2013 Mubasher<\/strong>: <a href=\"https:\/\/english.mubasher.info\/markets\/DFM\/stocks\/EMAAR\">Emaar Properties<\/a>, listed on the Dubai Financial Market (DFM), on Thursday revealed it has only signed a preliminary memorandum of understanding (MoU) with Bejing New Aerotropolis Holding (BNA).<\/p>\n<p>The two parties have not signed a final binding agreement yet, the leading property developer clarified in a statement to the DFM.<\/p>\n<p>The preliminary MoU was signed to permit further discussion between the two companies, the company noted.<\/p>\n<p>\u201cThe preliminary estimates indicate that the project value, including value of land and development costs, is expected to be $11 billion and the duration of the project may extend to approximately 11 years,\u201d Emaar said.<\/p>\n<p>It was reportedly announced that Emaar <a href=\"https:\/\/english.mubasher.info\/news\/3506441\/Emaar-China-s-BNA-to-develop-Beijing-Daxing-Int-l-Airport-s-aero-economic-area\">had signed<\/a> an MoU with China\u2019s BNA to develop Business and Tourism Complex, integrating retail, entertainment, office, hotel hospitality, convention, sport, art and lifestyle functions in a one-stop solution.<\/p>\n<p>The project will be established at the Aero-Economic Area of Beijing Daxing International Airport in China, expected to the world\u2019s largest airport.<\/p>\n<p>Last Monday, Reuters reported that Emaar had&nbsp;<a href=\"https:\/\/english.mubasher.info\/news\/3505693\/Emaar-Beijing-Daxing-Int-l-Airport-to-implement-11m-project\">signed an agreement<\/a>&nbsp;valued at $11 billion with China\u2019s Beijing Daxing International Airport to set up a residential development with leisure facilities at the Chinese airport, according to Reuters.<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<div>\n<p><strong>Dubai \u2013 Mubasher<\/strong>: <a href=\"https:\/\/english.mubasher.info\/markets\/DFM\/stocks\/EMAAR\">Emaar Properties<\/a>, listed on the Dubai Financial Market (DFM), on Thursday revealed it has only signed a preliminary memorandum of understanding (MoU) with Bejing New Aerotropolis Holding (BNA).<\/p>\n<p>The two parties have not signed a final binding agreement yet, the leading property developer clarified in a statement to the DFM.<\/p>\n<p>The preliminary MoU was signed to permit further discussion between the two companies, the company noted.<\/p>\n<p>\u201cThe preliminary estimates indicate that the project value, including value of land and development costs, is expected to be $11 billion and the duration of the project may extend to approximately 11 years,\u201d Emaar said.<\/p>\n<p>It was reportedly announced that Emaar <a href=\"https:\/\/english.mubasher.info\/news\/3506441\/Emaar-China-s-BNA-to-develop-Beijing-Daxing-Int-l-Airport-s-aero-economic-area\">had signed<\/a> an MoU with China\u2019s BNA to develop Business and Tourism Complex, integrating retail, entertainment, office, hotel hospitality, convention, sport, art and lifestyle functions in a one-stop solution.<\/p>\n<p>The project will be established at the Aero-Economic Area of Beijing Daxing International Airport in China, expected to the world\u2019s largest airport.<\/p>\n<p>Last Monday, Reuters reported that Emaar had&nbsp;<a href=\"https:\/\/english.mubasher.info\/news\/3505693\/Emaar-Beijing-Daxing-Int-l-Airport-to-implement-11m-project\">signed an agreement<\/a>&nbsp;valued at $11 billion with China\u2019s Beijing Daxing International Airport to set up a residential development with leisure facilities at the Chinese airport, according to Reuters.<\/p>\n<\/p><\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12098","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/12098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/comments?post=12098"}],"version-history":[{"count":0,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/12098\/revisions"}],"wp:attachment":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/media?parent=12098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/categories?post=12098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/tags?post=12098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}