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EFG Hermes maintains buy rating for Emaar Malls on long-term business prospects and solid business model
EFG Hermes maintained its buy rating for Emaar Malls Group based on the long-term prospects of Dubai’s global positioning as a business and retail hub and the company's business model. The retail arm of Emaar Properties, the biggest UAE property developer, is currently trading at about 50 per cent discount…
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