| From Arabianbusiness.com: The head of the Gulf’s largest construction and engineering company has warned that the oversupply in the Dubai property market will continue for another four to five years.
“A lot of the new property completed – around 40,000 units this year – will take time to be absorbed. It’s back to the basics of supply and demand, and there will be more projects next year,” said Arabtec CEO Riad Kamal at the AB conference on Monday..............................................Full Article: Source
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