S&P: Record Sales Improve The Financial Performance of Development Companies In Dubai

A new report published by S&P Global Credit Ratings on Monday, entitled: “The Real Estate Sector in the Gulf Region: A Look at the Development of the Credit Conditions of Gulf Real Estate Companies,” indicated that “the Gulf real estate companies rated there enjoy relatively stable credit quality after several years.” “From the fluctuations in which most of these companies witnessed reductions in credit ratings and recovery and restoration of credit conditions.”

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