29.12.2008 - Developers urge financial firms to pour more funds into sector
From Business24-7.ae: With the UAE Government taking several measures to create liquidity in the market, the country's financial institutions now need to reciprocate this by releasing some of the equity back into the real estate sector, according to developers. "There are many genuine end-user buyers that need financing today and it would help if the government took measures to ensure liquidity reaches them," said Gurjit Singh, Chief Property Development Officer for Sorouh Real Estate Company. .... Full Article: Source
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