Thursday 23 April 2009

Emaar draws up plan to deal with toxic assets

Emaar Properties has drawn up a plan to deal with toxic assets held by the company.

"We have identified our toxic assets, categorised them and we are taking decisions on some of those assets," said Chief Operating Officer Naaman Atallah.

"We don't generally make a lot of noise about our policies but we have adopted a strategy to clean up our toxic assets," he added.

No comments:

Post a Comment