05:16 AM EDT, 09/21/2026 (MT Newswires) -- Emaar Properties (DFM:EMAAR) founder Mohamed Alabbar said his other property company, Abu Dhabi, United Arab Emirates-based Eagle Hills, is eyeing a $12 billion mixed-use development project in the Maldives, Bloomberg News reported Monday. The potential project on a 5.2-million-square-meter island would include five districts and feature homes, hotels, resorts, schools and shops, among others, according to Alabbar in an interview with Bloomberg.

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