Dubai faces moment of truth over looming property bubble
"Keep calm. There's no bubble", proclaimed a giant poster on a 40-storey building overlooking a Dubai highway, advertising a property finding portal late last year. That may have been true at the time, but the risks are rising. A leap in bank lending to the construction industry indicates financial institutions…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Reuters