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Dubai property sector fell by five pct in 2010: official

Posted on 30 November 2010

From AFP: The construction and real estate sectors in Dubai have registered a near five percent fall in 2010, a top Dubai government official told AFP on Monday of the sector hit hard by the financial crisis.
“I believe that all the main sectors have registered varying proportions of growth (in 2010), except property and construction which saw a five percent drop,” Sami al-Qamzi, director general of the Dubai department of economic development, told AFP……………………………………….Full Article: Source

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