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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Wednesday, November 26, 2008

Dubai International Capital (DIC) Urged Gulf Arab Investors to Seize Bargains

Crisis buys would boost Gulf Arab influence -DIC
Reuters - USA
DUBAI, Nov 25 (Reuters) - Dubai International Capital (DIC), an investment firm owned by the ruler of Dubai, urged Gulf Arab investors to boost their influence in global business by seizing bargains amid the financial crisis.
"To become the largest shareholders in the 10 largest companies in the world ... (for) $50 billion ... that's actually not a lot of money...

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