Mergers and Consolidation in Gulf Property and Finance Sector

Emaar-Nakheel merger could be Dubai's next move to strengthen real estate sector
Business Intelligence Middle East (press release) - United Arab Emirates
UAE. As a flurry of deals emerged today in Dubai's real estate finance sector, Emaar Chairman Mohammed Ali Alabbar said he would "welcome" a merger with Nakheel, combining the number one and number two developers into one of the world's largest property companies....

 

 

More mergers and consolidation in Gulf property and finance sector expected
Property Wire - St. Albans, England, UK
Small developers in the Gulf will have to consolidate and merge in order to get through the current property market downturn, a conference was told today. ...