Cityscape Dubai, the Middle East's flagship property exhibition where ambitious property development projects are usually launched amid a fanfare of glitz and glamour is expected to be a much lower key affair this year because of the global financial crisis.
The region is still suffering price and rent decreases and a complete lack of confidence has led to real estate investors stopping payments, developers cancelling or delaying projects and no real signs of recovery.
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Major Middle East property expo to be much subdued this year, organisers claim
