Deyaar Development of Dubai Seeks Saudi Arabia, Turkey Projects

Deyaar Development (DEYAAR) PJSC, a Dubai- based real estate developer, is looking for investment opportunities in Saudi Arabia and Turkey, the company said in a statement to Dubai’s bourse today.

Property prices in Dubai slumped and speculative demand evaporated after the global credit crisis caused banks to curtail lending.

To contact the reporter on this story: Zainab Fattah in Dubai on zfattah@bloomberg.net

To contact the editor responsible for this story: Andrew Blackman at ablackman@bloomberg.net.

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