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28 March 2024

National Bonds shuns realty

National Bonds shuns realty. (EB FILE)

Published
By Parag Deulgaonkar

National Bonds Corporation (NBC) will refrain from investing into the real estate market in 2010 and had sold its Flamingo Creek project to Deyaar Development last year, the firm's CEO said. "We shied away from real estate investment in 2009 and have no plans to invest this year," said Mohammed Qasim Al Ali.