Business Services Industry
UAE: REAL ESTATE LOANS ROSE BY 80%.
IPR Strategic Business Information Database, April, 2007
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According to Al-Yaum newspaper (April 29, 2007), a recently issued report by the Central Bank of the UAE shows that the volume of real estate loans in the UAE hit Dh 27.3 billion ($7.44 billion) in the first nine months of 2006, an impressive 79.5% rise compared with the corresponding period of last year.
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