The developer of the Dubai Pearl mixed-use project is in talks with Formula One racing group McLaren to brand a hotel and homes on the site.
Abdul Majeed Ismail al Fahim, the chairman of Pearl Dubai, which is developing the Dh15 billion ($4.08bn) project, said the initial terms of the deal had been agreed, although a contract had not been signed.
The alliance would be announced when 'the time is right', he added.
The National
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