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Examples
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"I'm confident that things will improve drastically from where we are today," Sheik Maktoum Hasher Al Maktoum, president of Al Fajer Properties, told the industry conference Sunday.
Dubai Kicks Off Cityscape Amid Oversupply Concerns Nour Malas 2010
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The partnership, Mr. Zadeh says, established the two men as co-owners of Al Fajer Properties.
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With investors lined up for units, he then awarded $215 million worth of contracts to the construction arm of Sheikh Hasher's Al Fajer Enterprises, according to company documents.
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Al Fajer Properties was facing fines for the delays, and buyers were starting to complain.
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Phone calls and emails sent to lawyers and accountants of Al Fajer Properties were not returned.
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• Fajer, Mary Theresa, OR, 1980 Conspiracy to commit bank embezzlement, 18 U.S.C. §§ 2 and 371 nkanders@bellsouth.net
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The Fajer rocket, which has a range of 45 miles, can reach down into Israel, but Haifa now is lifted from that threat.
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"We are positive on banks and industrial sectors," said Nabil Farhat, a partner at Abu Dhabi-based Al Fajer Securities.
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"Fear of global financial turmoil if Greece defaults is keeping U.A.E. investors on the sidelines," said Nabil Farhat, a partner at Abu Dhabi-based Al Fajer Securities.
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"Sources of revenue have been deteriorating since 2009, with a sharp drop in trading volume, losses in investment portfolios and clients defaulting on liabilities," said Nabil Farhat, a partner at Abu Dhabi-based Al Fajer Securities.
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