This is a forwarded e-mail from my friend, Vinoj. For Vinoj, thank you so much for sharing this information. This is all about the projects in the United Arab Emirates which are currently on-hold or canceled. Some of these projects are owned by giant companies like Nakheel, which is a semi-government company. This is how recession affects the country. Many have lost their job especially in the field of real estate. Many have whined but this is the reality - it's not only affecting few people. It's affecting all of us. PLEASE CLICK THE PICTURE TO ENLARGE.
How far this recession go? If you have any bright ideas please feel free to comment on this post.