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$136bn bank debt lent to UAE and Saudi real estate sectors in 2017
Bank debt worth $136bn was lent to the real estate sectors in the UAE and Saudi Arabia last year, it has been revealed. Approximately $81bn (AED300bn) was lent to the UAE’s real estate and construction sector in 2017, while in Saudi Arabia, $55bn (SAR206.3bn) of bank debt was lent to…
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Click here to read the full story: Construction Week