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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Dubai to hold property roll out as Emaar, Nakheel merger denied

Posted on 02 December 2008

From Ameinfo.com: The Dubai government has indicated that it is looking at holding down the roll out of upcoming housing units to steady the emirate’s real estate market.

The announcement comes as the authorities also denied that a rumoured merger between the city’s two biggest developers, Emaar and government-owned Nakheel Properties, was on the cards….. Full Article: Source


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