Emaar closes Algiers office

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. "Emaar created designs for key developments in the country and the master plans were submitted to the authorities for necessary approval," the statement said. "Due to a lack of progress which is beyond the... [read full story]                    

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