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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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Thursday, December 11, 2008

Dubai Properties Cuts 600 Jobs

Hundreds of jobs axed at developer
Zawya
Dubai Properties has become the latest firm in the emirate's battered real estate sector to make job cuts in the wake of the economic slowdown, 7DAYS has learnt.
In what appears to be the biggest single set of cuts to hit the industry so far, as many as 600 positions have been culled at the developer, a former worker claimed. ...

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