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Layoffs continue in Dubai property market
- United Arab Emirates: Monday, December 22 - 2008 at 10:12
Layoffs by consultants and contractors in Dubai's real estate market are climbing, MEED has reported. Sama-ECH, the joint venture of local developer Sama Dubai and UK-based EC Harris, has laid off about 140 staff on Sama Dubai projects, and the local Al-Shafar General Contracting is making up to 1,000 redundancies, the magazine reported.
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Jeff Florian, Senior ReporterMonday, December 22 - 2008 at 10:12 UAE local time (GMT+4)
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