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Real Estate News Alert.

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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Friday, November 7, 2008

UAE Banks Borrowed 80 Percent of 25Bn Dirham Liquidity Package

7bn UAE lifeline
Gulf Daily News - Manama,Bahrain
DUBAI: The UAE's finance ministry will make available 25 billion dirhams ($6.81bn) to banks next week as the second part of a support package. UAE banks have borrowed 80 per cent of the first 25bn dirham liquidity package allocated last month...

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