No saving grace for UAE property sector just yet
Despite builders possible taking provisions for discounted Nakheel sukuk and Sorouh’s possible good earnings, concerns on Abu Dhabi Aldar's funding woes may continue to keep overall property earnings down.
October 23, 2011 4:37 by Reuters
…to about 130 million dirhams in comparison to 59.3 million dirhams in the same period last year.
The developer secured housing projects worth about 5.4 billion dirhams ($1.5 billion) over the last two years from the Abu Dhabi government. (Reporting by Praveen Menon, Editing by Mike Nesbit
Pages: 1 2
More on Analysis
-
Dusting off the Emirates ID card
-
Turkish Airlines Can Ride Out Turbulence
-
Air Berlin doesn’t need Etihad’s help
-
Turkey’s IMF emancipation deserves cautious cheer
-
Nokia charging back with full force
-
LinkedIn won’t tolerate ‘unlawful’ activities
-
Drake and Scull chief dismisses speculation
-
Kuwait could sign plane deal in May
-
Abu Dhabi’s new financial zone ‘complements Dubai’
-
TRA denies harsh ‘skype penalty’
-
For banks in cyber heist, how to get their money back?
-
Ending the year on a profitable note – nasair
-
Coca-Cola says no more ads for children
-
Akbar Al Baker – vigorously pursuing expansion plans
-
Kuwait ministers reach out to bloggers and journalists
-
Saudi to tackle fuel subsidies
-
Qatar Airways spreading its wings
-
Gulf Airlines get ready for Boeing’s 777X
-
Tee time for Donald Trump and Damac
-
Would direct taxes make Dubai more affordable?
Lately on Kipp
-
Dusting off the Emirates ID card
-
Turkish Airlines Can Ride Out Turbulence
-
Taking on Abercrombie & Fitch
-
Red Hat Expands Technical Account Management Services to Offer SAP® Solution-centric Support
-
R&M’s New CSR Report Highlights Company’s Achievements in Advancing Ecological Efficiency and Social Accountability
-
NCoV – First report of patient-to-nurse spread
