| 29.07.2009 - U.A.E. real estate projects worth $300 bln are canceled |
| From Bloomberg: Real estate projects worth more than $300 billion have been put on hold or canceled in the United Arab Emirates as the financial crisis halted construction of over 400 projects, Proleads Group said. The U.A.E.’s construction market remains active with more than 750 on-going projects and 450 recently completed, the Dubai-based research group said in an e-mailed statement today.........Full Article: Source |