Beverly Hills 12/17/2009 1:00:21 AM
News / Business

Tiger Woods Golf Course in Dubai Will Continue Building as Planned

Finance World News Update by EQUITIES Magazine

“Progress continues on the first golf course designed by Tiger Woods Design,” said state-linked Dubai Properties Group, “The Tiger Woods Dubai can confirm that it remains committed to the completion of its centerpiece al-Ruwaya golf course.”

 

Dubai Properties Group is part of Dubai Holding that is, in turn, controlled by the indebted city-state’s ruler.

 

Over $1 billion has been poured into course located outside Dubai, which will eventually have 5 million square feet of locally grown grass and over 30,000 full-grown imported trees.

 

In addition, developers said the links would be ringed by 100 villas, 75 mansions, 22 palaces and a 360,000-square-foot boutique hotel, as well as a clubhouse and golf academy.

 

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Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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