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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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Saturday, December 13, 2008

DAMAC Denies Misreporting Statment of Reuters and Blooberg

Statement from DAMAC on misreporting by Reuters and Bloomberg today stating DAMAC has sold a 40% stake in the company
Zawya - United Arab Emirates
We have been highly disappointed by Reuters and Bloomberg, for news wires of such an international stature to publish a story without speaking to us and believing a report in a newspaper from a non-existing DAMAC employee/subsidiary in Turkey. ...

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