Saturday 19 April 2014
 
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Emaar

Top banks join Morgan Stanley on Emaar IPO

JP Morgan and Bank of America Merrill Lynch are to join Morgan Stanley on the syndicate for Emaar Properties' upcoming IPO of its retail and malls business, bankers said. Last month, Dubai's biggest property firm hired Mor

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Al Basel wins Emaar’s ‘Platinum Award’

Al Basel Real Estate Brokers, a leading real estate brokerage firm and a member of the Al Basel Group of Companies, won the ‘Platinum Award’ from Emaar Properties for crossing the Dh300 million ($81.6 million) sales mark for proper

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Emaar plans Dubai, London listing for unit

Dubai's Emaar Properties plans to list its shopping malls and retail unit in both Dubai and London, the company's chairman Mohamed Alabbar was quoted as saying on Tuesday. "This will be a dual listing. We are a Dubai

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Emaar to build 2,000-seat 'Dubai Opera'

Emaar Properties has announced plans for Dubai Opera, a 2,000-seat multi-format venue for opera, theatre and concerts within The Opera District, the company's newest development in Downtown Dubai. Set to promote the arts, cult

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Emaar unveils luxury homes in ‘BLVD Crescent’

Emaar Properties has unveiled luxury apartments in ‘BLVD Crescent,’ the newest stylish and contemporary residential development in the heart of Downtown Dubai.    The development features two tow

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Emaar's retail spin-off plan 'won't affect rating': S&P

Standard & Poor's plans no rating action relating to Dubai's Emaar Properties after the emirate's largest listed developer announced plans to spin off its retail unit, an analyst covering the company said on Monday.

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Emaar listing of retail unit 'within months'

Dubai's Emaar Properties expects the listing of its retail unit to occur within months, while it is also preparing its Egyptian unit for an initial public offer in Egypt, Emaar chairman Mohammed Alabbar said on Sunday. Dubai&#

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Emaar proposes 15pc cash dividends

Emaar Properties said its board of directors has proposed the distribution of a cash dividend of 15 per cent of the company’s share capital for 2013 along with 10 per cent bonus shares to shareholders. The proposal was put f

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Emaar to list shopping malls & retail subsidiary

Emaar Properties, the global property developer, has announced plans to list its shopping malls & retail subsidiary, marking one of the largest public offerings in the region since 2008. Subject to market conditions, Emaar wil

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Emaar rules out plans for new tall tower

Emaar Properties has ruled out plans to build a tower higher than the 828-metre Burj Khalifa in Dubai, a report said. Emaar chairman Mohamed Alabbar also said the company will not replicate its successful Downtown Dubai model anyw

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