01.06.2009 - Qatar steps in to sure up property market
From Maktoob.com: Qatar's government will spend $4.1 billion on acquiring the real estate portfolios of nine local banks to boost the domestic real estate sector, Kuwait's official KUNA news agency reported. The move involves the government taking over the real estate investment portfolios of Qatar National Bank, Commercial Bank of Qatar, Doha Bank, International Bank of Qatar, Qatar International Islamic Bank, Qatar Islamic Bank, Masraf Al Rayan, Ahli Bank and Al Khaliji Bank, KUNA reported.......Full Article: Source
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