to recover until 2016. Dubai has unveiled a slate of government-backed financing schemes aimed at resuscitating its property market. The emirate's Land Department last month signed a deal to identify suspended or offplan residential developments and offer them for sale or long-term lease to investors. In May,

and participating in competitive bidding to acquire federal 10-year oil and gas leases for both exploration and development. In addition, GADECO's Land Department is actively pursuing the acquisition of fee (freehold) leases for exploration and development throughout the United States. - 13 - EFTA00614903