Trade Jobs
 
   
  Featured Jobs of the Day
   
  Featured Jobs of the Week
   
Market Trends
 
 
Business Directory
  Search Directory
  Company Name
  Business Activity
 
 
 
   
News Categories
 

 

Results By

   
  Agriculture & Farming
Banking & Finance
Building & Construction
Capital Market
Defence & Security
Economy
Education, HR & Training
Energy, Oil & Gas
Environment & Water
Food & Catering
Government & Laws
Health
Industry
Interiors
IT & Telecommunications
Media & Promotions
Motoring
Property & Real Estate
Retail & Wholesale
Shipping & Transport
Tourism, Travel & Leisure
International News
Int. Business News
   
Tools
Country Briefings
Currency Conversion
Events
Calendar Of Events
Leisure, Lifestyle & Entertainment
 

   
   
B2B Marketplace, B2B Directory A B2B Portal for Buying & Selling Leads from worldwide importers exporters suppliers and wholesalers <more>
   
   
 
   
 
   
 
 NEWS > PROPERTY & REAL ESTATE 
 
Search for: Results per page:

Match: any search words all search words
 

Ivory Tower investors 'get notices'
Dubai
 

Investors in Saudi developer Sokook's infamous Ivory Tower project still get notices of contract cancellations, a report said.

Sokook is issuing investors with 14-day notices asking them to pay the balance 90 per cent on their units, or face cancellation of contracts, according to the Gulf News report. 

Dubai's Real Estate Regulatory Authority (Rera) is backing investors in this case, but that has not stopped Sokook, they said.

Hundreds of investors acquired off-plan units in the 20-storey Ivory tower which was launched in 2005. Building work was expected to start in November, three years behind schedule.

The developer started cancelling contracts, after a dispute with Tecom, which has the investors up in arms.


 
   
 
     
 
PAGES  1 |  2 |  3 |  4 |  5 SEARCH ARCHIVES
       
 

 
Today's Poll
Do you think the prevalent piracy off the Horn of Africa has the potential to cripple the global economy?
Yes
Somehow
No
Don't know

 

 
 

Advertising | Contact | Feedback | Privacy Statement | Terms of Service | Web Feeds
Copyright (c) 2008, Al Hilal Publishing & Marketing Group