11.07.2010 Dubai projects shortlisted for government funding guarantee
The Dubai Land Department has shortlisted 40 projects for the first phase of an initiative to offer developers and investors a government guarantee to fund the completion of selected premium developments. The scheme, labelled Tayseer effectively guarantees financing and completions of the projects which are selected, the Land Department said. Tayseer represents a four way agreement between Dubai government through the Land Department, UAE banks, developers and investors in the sector.
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.: 17.07.2010
Nakheel debt deal soon
Property developer Nakheel expects to complete its debt restructuring process in coming months as core banks unanimously support its proposal in principle. The developer, which is in talks with creditors on restructuring US$10.5 billion of bank debt, ask... more.: 11.07.2010
Dubai Properties to counter sue UK architecture firm
Dubai Properties to counter sue UK architecture firm... more.: 11.07.2010
Dubai projects shortlisted for government funding guarantee
Dubai projects shortlisted for government funding guarantee... more |
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