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Author Topic: Dubai property market faces pressure  (Read 317 times)

Benny B

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Dubai property market faces pressure
« on: October 09, 2008, 04:33:42 AM »
Time to short Dubai?  :-\

A Dubai government firm has announced plans to build a $95bn city in the emirate - which will include the world's tallest tower.

But investors are concerned that the property bubble in Dubai could burst, amid concerns over the long-term performance of financial markets in the Middle East.

Hashem Ahelbarra reports.

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