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Saturday, July 04, 2009
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Moody's downgrades Dubai Holding; Emaar on review
Dubai  
 
  Moody's Investors Service has downgraded the ratings of Dubai Holding Commercial Operations Group (DHCOG) to A3 from A2 and placed the ratings on review for possible further downgrade.  
   

  Emaar readies Jordan resort project design
Amman
  Emaar International Jordan, the country subsidiary of Emaar Properties, has completed the second phase design of 'The Apartments,' a residential community in Samarah Dead Sea Resort, with construction set to commence shortly.     
   
  Emaar may seek to raise equity
Dubai
  Dubai developer Emaar Properties, the largest developer in the United Arab Emirates, may have to raise cash to go ahead with its planned merger with three local property firms, investment bank Nomura said.     
   

Explosive mix
Iraq’s biggest oilfield development programme in decades could severely test the political stabi
 
War of words
The Israeli invasion of Gaza has sparked a surge in internet use across the Middle East

 
Hung out to dry
Despite its recent rise in value, more and more observers are questioning the link between the U
 
Uncertain times
Job opportunities are drying up as declining prices sap life from the oil industry

It i
 
A corner of some foreign land
The financial gloom has not dampened the enthusiasm of Arab investors for buying property abroad
 
 
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