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Article: Syrian real estate down but opportunities abound.
- Article from:
- The Daily Star (Beirut, Lebanon)
- Article date:
- September 16, 2009
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Byline: Regional Press Network (RPN)
Summary:
Remittances from Syrian expatriates in the Gulf region have fallen "drastically," and transfers from Gulf investors to finance new projects have almost come to a halt, resulting in the delay or cancellation of several development projects.Aa"Transfers from the Gulf directed at the real-estate sector started to fall drastically as 2009 began," said The Syria Report, quoting many bankers.
Tamim AkikiAa
Regional Press NetworkAa
Aa
BEIRUT: Remittances from Syrian expatriates in the Gulf region have fallen "drastically," and transfers from Gulf investors to finance new projects have ...