High Estates

Luxury development in Dubai are finding it hard to weather the financial crisis as builders and other firms connected with them are defaulting on their obligations due to financial institutions pulling out credit lines or stopping financing all together. The news is the same all over the globe with major luxury development projects halted due to the strain of the recession that is currently plaguing all of us. Most of the financial institutions who were providing their financial resources stopped doing so altogether due to them being victims (more…)