DUBAI, United Arab Emirates (AP) - The Dubai developer building the world's tallest building says it has shut down the office set up in Algeria to oversee $20 billion worth of real estate projects. Emaar Properties said in a...
that it closed the office because of "a lack of progress which is beyond the company's control." The company says it remains open to long-term investment in the country, which it says "offers robust growth opportunities." Emaar...
DUBAI, United Arab Emirates - Shares of the Dubai developer building the world's tallest skyscraper extended their slide Sunday after the company shut an office overseeing $20 billion worth of real estate projects in Algeria.
A statement issued by Dubai's Emaar Properties said that the developer has shut its office in Algeria, as its projects lack the projected progress, Reuters reported. Emaar has set up designs for major developments in Algeria...
Emaar International has shut down its office in Algeria due to the lack of progress on business, the developer has said in a statement. ‘Emaar created designs for key developments in the country and the master plans were...
DUBAI (AFP) - UAE property giant Emaar has closed the office in Algeria of its Emaar International unit because of a lack of progress in business there, according to a statement Saturday carried by the official WAM news agency....
0722 GMT [Zawya Dow Jones]--Dubai shares rack up losses early Sunday amid growing concerns about the strength of a global economic recovery. Main index now -2.8% at 1769.53, tracks regional and global market selldown. Property...
DUBAI, Jul 04, 2009 (AFP) - UAE property giant Emaar has closed the office in Algeria of its Emaar International unit because of a lack of progress in business there, according to a statement Saturday carried by the official...
Dubai: Dubai's Emaar Properties has closed its office in Algeria due to a lack of progress on its projects in the North African country, the company said on Saturday. "Emaar created designs for key developments in the country...
DUBAI - Emaar Properties said that it is studying various fund raising options including an IPO for its Indian subsidiary, Emaar MGF. In a statement e-mailed to Khaleej Times on Sunday, Emaar said that India remains one of its...