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Dubai projects shortlisted for government funding guarantee
30/06/2010 01:30:45 PM GMT
The Dubai Land Department has shortlisted 40 projects for the first phase of an initiative to offer developers and investors a government guarantee to fund the completion of selected premium developments. The scheme, labelled Tayseer effectively guarantees financing and completions of the projects which are selected, the Land Department said. Tayseer represents a four way agreement between Dubai government through the Land Department, UAE banks, developers and investors in the sector.¬
Source: ameinfo
http://www.muslims.net/news/newsfull.php?newid=387801
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Emirates city
Rholding.... government
Ajman bank... government
Arra... government
It sounds like a great idea for completion of emiratescity,doesn't it?
dreams cost nothing !
dreams cost nothing ! ajman gov(sheikh) not like dubai which try to save what little left from its reputation