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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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Monday, December 29, 2008

Dow Chemical's $17.4 Billion Joint Deal Gets Scraped

Kuwait Scraps $17.4Bn Dow Chemical Joint Deal
Zawya
Kuwait yesterday pulled the plug on a $17.4bn deal with Dow Chemical, the US's largest chemicals group,days before it was to come into effect.
A Kuwaiti official told the Financial Times that the deal had been cancelled partly as a result of the decline in the value of Dow Chemical's assets and partly as a result of pressure from Kuwait's parliament. ...

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