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Emaar to IPO up to 30% of Dubai property business

Emaar Properties, the Dubai-based developer of the world’s tallest skyscraper, plans to sell as much as 30% of its real estate development business in the UAE in an initial public offering. The funds raised will primarily be distributed as dividend to Emaar’s shareholders, the company said in a statement on…

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Click here to read the full story: Gulf Times

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