Damac May Reconsider Cancellation of Palm Springs

6 April 2008 at 8:20 pm | In Dubai, Palm, Real Estate, lack of government regulation | Leave a Comment

We have had a number of representations from investors on the decision to cancel the Palm Springs project. We are looking at various scenarios and will make a statement in due course. Niall McLoughlin, senior vice president of corporate communications, Damac.

Source: ArabianBusiness.com, ‘Damac hints at backtrack on Palm Springs axe’, 06 April 2008

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