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Despite the global slowdown, the UAE continues to be one of the most active construction markets in the world with more than 750 active projects in construction and 450 recently completed, according to a new report by Dubai-based research house Proleads Global. Although more than 400 projects with a total value in excess of $300bn have been placed on hold or cancelled, (the rest either in study, planning, design or bidding), the report forecasts stability returning to the sector this year with some recovery in cash flow in 2010.
The study identifies a slowdown in new projects in the commercial and retail; education and healthcare projects being placed on hold more often than in the past; a slowdown in leisure and entertainment and an increasing rate of cancellations in the residential sector...[ Read full story]
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Maternity leave law must be reconsidered UAE
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"This is due to the fact that... | New centre for residence visa medical tests in Abu Dhabi
Friday, 21st May 2010
The Abu Dhabi Health Services Company (Seha) will open its new Disease Prevention and Screening Centre in Mussafah on Sunday.
The old facility in the same area will be shut down on the same day. The... |
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