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Page added on November 24, 2009
Union ready for losses
Union Properties might take some losses on revaluation of its property portfolio in the fourth quarter, Union’s vice chairman said yesterday.
Emirates NBD will lend the firm at least dhs1 billion to finance the completion of projects, Khalid Kalban also said, adding that his firm already received dhs350 to 400 million of this sum.
Categorized | Business News
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