9 January 2012

Abu Dhabi may rescue more developers after $9.8bn bailout


Abu Dhabi, the oil-rich sheikhdom that spent AED36bn ($9.8bn) bailing out its biggest developer in 2011, will probably reach for its checkbook again as property companies in the UAE face a stalled market and deadlines to repay debt…

Full Article: http://www.reidin.com/news/showNewsById/370428/abu-dhabi-may-rescue-more-developers-after-98bn-bailout.html

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