Monday, September 29, 2008
SPREAD!!!
The UAE's largest construction firm by market value, Arabtec is looking to expand its portfolio by investing in other markets, due to fears about the Dubai's real estate project market slowing down due to liquidity shortages as lending in the financial and construction hub becomes more difficult. New project launches in the UAE could slow as "there is a shortage of liquidity for buyers and developers." Currently Arabtec is expanding into the Saudi market and looking for further areas to invest.
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