Dubai's Emaar Properties is seeking to raise as much as 5.8 billion dirhams ($1.58 billion) from an initial public offer of shares in its shopping malls unit that is expected to be the Gulf's biggest stock sale since 2008.
Emaar Properties
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Emaar Properties, Dubai's biggest developer, requests for an adjustment of their loan terms following the S&P's positive evaluation.
Meraas Holding and Emaar Properties announced an engaged joint venture for the development of a premium lifestyle community, Dubai Hills Estate.
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