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The collapse of Dubai’s once-booming construction industry has created a backlog of legal claims totalling almost £3 billion.

Disputes over unfinished contracts and outstanding payments are stacking up in the emirate’s arbitration court, according to Building magazine.

This year, more than 180 claims have been filed, mostly by international contractors. British firms are estimated to be owed at least £400m on contracts in the United Arab Emirates, many of which relate to work for state-backed investment and development firms.

Oh Oh really??

That's too bad. I'm gonna pack my stuff, dump my car at the airport and leave the country.

Thanks for the info, dude.

Metaphor79 wrote:Oh Oh really??

That's too bad. I'm gonna pack my stuff, dump my car at the airport and leave the country.

Thanks for the info, dude.

Don`t thank me thank The Sunday Times

and it will get worse, not better.
The main point that EVERYBODY is getting wrong is this: There will be NO RECOVERY.

And why are you so happy about that?

chevaliers-de-sion wrote:

Metaphor79 wrote:Oh Oh really??

That's too bad. I'm gonna pack my stuff, dump my car at the airport and leave the country.

Thanks for the info, dude.

Don`t thank me thank The Sunday Times

and it will get worse, not better.
The main point that EVERYBODY is getting wrong is this: There will be NO RECOVERY.

you have a link, or is it paper only?

I'm already on the plane typing this on my BB. Thanks a bunch Mr Knights of Zion.

I am out of the country, That is it for me,I am not planning to return home

capsicum wrote:

chevaliers-de-sion wrote:

Metaphor79 wrote:Oh Oh really??

That's too bad. I'm gonna pack my stuff, dump my car at the airport and leave the country.

Thanks for the info, dude.

Don`t thank me thank The Sunday Times

and it will get worse, not better.
The main point that EVERYBODY is getting wrong is this: There will be NO RECOVERY.

you have a link, or is it paper only?

http://business.timesonline.co.uk/tol/b ... 797762.ece

uaebadoo wrote:I am out of the country, That is it for me,I am not planning to return home

Nice one Badoo

lol tell us something we dont know u bloody french goose.