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Dubai Court orders whopping Dh1.6b compensation to founder of Tameer Real Estate Company

In a landmark verdict for the UAE’s real estate marketplace, a Dubai Court has ordered Saudi businessman Ahmed Al-Rajhi to pay nearly Dh2 billion to Omar Ayesh, founder of Tameer and developer of one of the tallest towers in Dubai Marina. This includes Dh1.6 billion as the original compensation and…

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Click here to read the full story: Gulf News

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