Property & Real Estate
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Nakheel’s Return To Profits Signals A New Era For The Developer
When Ali Rashid Lootah was appointed the chairman of the board of directors at Nakheel in 2010, he had his task cut out for him. Battered from overleveraging the Dubai’s property boom and saddled with writing off assets worth about $20 billion, Nakheel was at the brink of a $16…
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Click here to read the full story: Forbes Middle East