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Union Properties subsidiary announces $408.4m legal figh

A subsidiary of Dubai-based developer Union Properties has launched a $408.4 million (AED1.5 billion) legal action against an unnamed company for construction works completed around ten years ago. In a filing with Dubai Financial Market (DFM) the company said the work related to a “significant project” although no further details…

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Click here to read the full story: Arabian Business

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