21.10.2011 - Glass half full? Real estate outlook may weigh on UAE
The United Arab Emirates’ stock markets may be in for a rocky few weeks as third-quarter earnings from real estate companies and banks reveal the extent to which the property market continues to slump, despite stronger economic growth this year. Shares in Aldar Properties and Sorouh Real Estate , Abu Dhabi’s two main developers, sank to all-time lows this week as retail investors dumped the stocks on fears that the quarterly numbers will disappoint..............................................Full Article: Source
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