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UAE-based Union Properties said the claims in an arbitration case filed by its subsidiary have surged to AED3.5 billion ($952 million). The company has put together a team of legal experts from Middle East, Hong Kong, Australia, US, and UK on this case.
DUBAI, United Arab Emirates (AP) — Emirati prosecutors said Sunday they launched a major investigation into Dubai-based real estate developer Union Properties, saying they would probe allegations the long-troubled firm
Arbitral tribunal is expected to issue its decisions in Q2 2022
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Most stock markets in the Gulf rose in early trade on Sunday, with the Abu Dhabi index outperforming the region, while the Saudi index bucked the trend to trade lower.
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