Wednesday, November 12, 2008

Damac Holding Cutting 200 Jobs as Global Credit Crisis Begins to Hit the Regional Real Estate Sector

Dubai's Damac axes 200 jobs as crunch hits property
Reuters - USA
Damac Holding, a Dubai-based private property developer, said on Tuesday it was cutting 200 jobs, or 2.5 percent of its workforce, as the global credit crisis begins to hit the regional real estate sector. ...

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