Developers say they will scale back activity – The National Newspaper

The National Newspaper reports “Dubai’s largest property developers say they are cutting back on activity and reviewing the project timetables in response to the worsening economic climate.
The admissions, made yesterday, were the clearest sign yet that developers now consider the lack of credit and slowdown of sales as serious impediments to growth in the months to come.”

SOURCE: The National NewspaperDevelopers say they will scale back activity

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