Architect major sees cash shortfall from developers

Global architect firm RMJM, which designed Dubai’s iconic Emirates Towers, has admitted it may never see all the money that it is owed by UAE developers.

In an interview with Arabian Business, RMJM director of global emerging markets Nick Haston, said the company would recoup some of its debt - but stopped short of criticising developers, saying it was part of "risk in business".

“I think we will get money back, I’m not sure we will get everything back,” he said, declining to say how much was owed to RMJM and by whom.