Leaders in UAE call for action

The administration in the United Arab Emirates has taken a stand in opposition to the fast pace of land improvement in the nation which has caused a moderate, drawn-out property market crash. Dubai and Abu Dhabi, the two biggest emirates by a wide margin have been the hardest hit, with private lodging costs and leases tumbling to pre-GFC levels. Business property also is route over-provided prompting higher opportunity rates, lower rentals,....