Dubai Forms Committee to Combat Property Glut After Prices Plunge
The sun silhouettes construction cranes and city skycrapers in the Al Jaddaf district in Dubai, United Arab Emirates. (Photographer: Christopher Pike/Bloomberg)

Dubai Forms Committee to Combat Property Glut After Prices Plunge

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(Bloomberg) -- Dubai will set up a committee to balance property supply and demand as a slump in prices weighs on developers in the Middle East’s business hub.
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