Go Mena!

Sama Dubai isn’t the first Gulf company to invest in Tunisia, but it is currently the biggest. By some distance.

The property unit of government-owned Dubai Holding is to spend $14 billion creating a luxury real estate development north of the Tunisian capital. The 837 hectare development will include apartments, offices, trade centers and hotels. Local newspapers claim the deal could create 150,000 jobs, doubly good news in a country with a jobless rate of 14.3%.

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