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Saudi Arabia urged to cut red tape to boost property market

Posted on 14 June 2011

Saudi Arabia must reduce red tape and help developers if it is to meet ambitious targets for new homes, according to the head of Dubai developer Emaar’s Middle East unit.

Emaar Middle East chairman Ahmad Al Kulli told a property conference in Jeddah on Sunday that infrastructure and development projects are slow due to rules and regulations imposed by the Saudi government……………………………………….Full Article: Source

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