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AME Info, Abu Dhabi, United Arab Emirates, real estate briefs column.
Knight Ridder/Tribune Business News, October, 2004
AME Info, Abu Dhabi, United Arab Emirates Knight Ridder/Tribune Business News
Oct. 24--ACTION ON DUBAI SPECULATION: Leading Dubai property developers are acting to prevent excessive speculation, reported Gulf News. Restrictions on re-sale within two years, a two per cent transfer fee and less generous mortgage deals have been imposed to try to dampen speculative interest in the emirate.
THE PEARL-QATAR, NEW CONTRACT: The USD2.5 billion The Pearl-Qatar project has awarded a second contract to Fugro Middle East for specific site testing around the Porto Arabia area, the island's main marina. The work will take four months and be completed alongside reclamation operations, said Development Director Nick Bashkiroff.
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