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Deyaar to 'start developing again' in 2010
- United Arab Emirates: Wednesday, October 28 - 2009 at 11:49
Markus Giebel, chief executive of Dubai-based real estate developer Deyaar said the firm will restart developing projects next year and set up co-investment funds for its overseas expansion plans, Gulf Daily News has reported. 'This year was a development holiday. Next year we have to start developing again,' he told the daily. Earlier this week the company announced that it cut 20% of its workforce.
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StaffWednesday, October 28 - 2009 at 11:49 UAE local time (GMT+4)
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