Friday 19 September 2014
 
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spin off

Emaar says no plans for malls unit spin-off

Dubai-based Emaar Properties, the emirate's largest listed property developer, has no immediate plans to spin off its malls business or its Turkish unit, a spokesperson for the company said on Wednesday. Emaar, builder of the

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Kuwaiti firms need new licences for lending

Kuwaiti investment firms will need separate licences to operate their lending and investment businesses as the central bank eliminates regulatory overlap with the newly formed Capital Markets Authority. The decision was in a central bank c

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