Competition among UAE banks for higher market share of the mortgage market is heating up, resulting in lower interest rates, discounts and special offers to prospective property buyers.
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New real estate projects in Dubai will be completed even if prices weaken though a market correction has been ruled out in the short term.
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Saudi businessmen have expressed their desire to invest in India's lucrative projects and hoped New Delhi would sanction interest-free Islamic finance system like other secular states to accelerate inclusive growth and woo funds from Saudi Arabia and other Gulf countries.
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A new leasing company will start its operations in Kyrgyzstan during the fourth quarter of 2014 as per Shariah principles.
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* China factory data, U.S. housing data underpins Nikkei * Yen's retreat adds support, but more declines may be needed to extend Nikkei's gains * Real estate, banks and brokerages lead gains * Sony falls after CEO fails to impress...
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