26.08.2011 - Developers keep bonds on hold in deflated market
The UAE's developers and contractors may struggle to tap the bond market until a glut of homes that's weighing on prices is sold off. Arabtec Holding, the country's biggest construction company, mall-developer Majid Al Futtaim Group and Abu Dhabi's Tourism Development and Investment Co. were forced to delay plans to issue bonds..............................................Full Article: Source
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