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PROPERTY & REAL ESTATE
Arabian Knight Land & Property Review 2008
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Dubai real estate distress sales rise
Dubai
Dubai's property sector suffered a series of blows this week after brokers confirmed a rise in distressed sales, a real estate guide downgraded its rating on residential property and an Islamic lender suspended new loans.
Sama Dubai mulls job cuts, reviews projects
Dubai
Sama Dubai, a property developer owned by the ruler of the emirate, said on Thursday it is considering job cuts and reviewing its project pipeline.
Palm Hills forays into Saudi Arabia
Cairo
Egypt-based developer Palm Hills Developments is expanding into Saudi Aarbia through a joint venture with Saudi businessman Khalid Al-Baltan, the company said on Thursday in a statement.
More top stories
Dubai realty investments top $43bn
Palm property prices fall 40pc say brokers
Damac's The Crescent project gets ready
Emaar drops more than 4pc
New CEO for Durrat Marina
UP offers flexible options
Dubai land deals top $263m on single day
Hydra denies Qatari real estate JV talks
Marina West gets good investors' response
Dubai launches e-property registration scheme
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