Dubai Holding streamlines property operations

DUBAI: A conglomerate controlled by Dubai���s ruler says it has realigned a number of its real estate businesses as part of a broader restructuring effort. Dubai Holding has consolidated its Dubai Properties Group, Sama Dubai and Tatweer divisions into what it called the ���property vertical.���

Tatweer is known for announcing plans to build a Tiger Woods-designed golf course and other attractions as part of its Dubailand amusement complex. It and the two other property companies are expected to merge with Dubai-based developer Emaar Properties.