Tanzania, UAE investors in Sh43bn city project (The Citizen (Tanzania))

Dar es Salaam. Tanzanian investors and their United Arab Emirates (UAE) counterparts have invested a total of $20 million (about Sh43 billion on the prevailing exchange rate) to set up the Ramada Encore Hotel in the city’s central business district. The money, according to the hotel managing director, Mr Abdul Ismail, went towards activities pertaining to…

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