Dubai property market faces pressure - 07 Oct 08

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A Dubai government firm has announced plans to build a $95bn city in the emirate - which will include the world's tallest tower. But investors are concerned that the property bubble in Dubai could burst, amid concerns over the long-term performance of financial markets in the Middle East. Hashem Ahelbarra reports.

Category: News
Uploaded: October 7th, 2008 @ 10:50 am
Author: AlJazeeraEnglish

Length: 02:39
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Views: 7,075

Tags: ahelbarra aljazeera crisis dubai east economy hashem middle property

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