Electricity shortage to hit GCC real estate
Zawya - United Arab Emirates
A shortage of electricity in the Northern Emirates and other GCC states will bankrupt many real estate developers if they fail to introduce private generation, says a top energy analyst. ...Al Salam City, a Dh30 billion project by Dubai-based Tameer was placed on hold in May. The city, which was set to house up to half a million people, was due to be built in Umm Al Quwain ...
Tuesday, August 12, 2008
Shortage of Electricity to Bankrupt GCC Real Estate
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