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Gulf investors in UAE rise 32% in 2011
- United Arab Emirates: Wednesday, August 22 - 2012 at 11:04
According to data by the UAE's finance ministry, registered property contracts of GCC nationals in the country rose 32% to 44,902 contracts in 2011, compared with 34,029 contracts in 2010, Wam has reported. The ministry's annual statistical report on the Gulf Common Market (GCM) also showed an increase in the number of traded and registered properties for GCC nationals in the UAE, where the number of registered contracts increased from 4,604 contracts in 2010 to 10,873 in 2011.
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StaffWednesday, August 22 - 2012 at 11:04 UAE local time (GMT+4)
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