Arabian Business reports that
The UAE emirate of Ras Al Khaimah has introduced tough new rules forcing developers to deposit investor funds in guarantee accounts in a move aimed at regulating the sheikhdom’s fast-growing real estate sector.

SOURCE: ArabianBusiness.comRAK clampdown on property developers - Real Estate -

This entry was posted on Tuesday, July 15th, 2008 at 5:13 am.
Categories: Business, Development.

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