Dubai projects shortlisted for government funding guarantee
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Dubai projects shortlisted for government funding guarantee

Dubai projects shortlisted for government funding guarantee

The Dubai Land Department has shortlisted 40 projects for the first phase of an initiative to offer developers and investors a government guarantee to fund the completion of selected premium developments. The scheme, labelled Tayseer effectively guarantees financing and completions of the projects which are selected, the Land Department said. Tayseer represents a four way agreement between Dubai government through the Land Department, UAE banks, developers and investors in the sector.

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