Tamweel Calls For More Property Support

Monday, March 30, 2009

Sheikh Khaled bin Zayed, chairman of Tamweel, the UAE's home finance provider, has said that the government must provide liquidity in the real estate sector to limit the drop in property prices and help the economy get through the downturn. 'Unless we bring in financing for the real estate sector, I do not think the economy can be revived,' he told the National.

Source: AME info

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