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UAE central bank mulls real estate support plan
Board discusses memo on proposals to launch facilities for dealing with property loans....
- Emirates NBD reaches real estate exposure limit
- Real estate defaulters targeted by new law
- Dubai property market 'sees shift to rentals'
- UAE real estate firms eye Indian opportunities
- Global crisis 'will sort men from boys' in Dubai real estate
- Arabtec chief predicts fall in UAE rental prices
- Real estate chief poised for space travel training
- Top media exec predicts drop in real estate ad spend
- Dubai house prices surge, while rental growth slows
- Dubai's Tamweel Q3 profit rises 36.5%
| Sorouh earmarked as solid investment |
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Sorouh Real Estate has been placed second in a survey of investment prospects in Abu Dhabi (behind rival Aldar) in a recent set of investment reports on the MENA real estate sector conducted by Morgan Stanley Research Europe. But the news comes after a period of strong growth by Sorouh, who in July revealed a net profit growth of 75% in its 2008 first half earnings. The company has also logged a 285% rise in stock value in 2007, a 113% rise in the last 12 months, a number of project launches and promising off-plan sales.
Posted originally: 2008-08-18 15:00:00 |
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