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Business Intelligence Middle East (press release) - United Arab Emirates
UAE. As a flurry of deals emerged today in Dubai's real estate finance sector, Emaar Chairman Mohammed Ali Alabbar said he would "welcome" a merger with Nakheel, combining the number one and number two developers into one of the world's largest property companies....
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Property Wire - St. Albans, England, UK
Small developers in the Gulf will have to consolidate and merge in order to get through the current property market downturn, a conference was told today. ...
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