Emaar Properties to raise $1.3 billion in development unit's IPO
(Reuters - 16/11/2017)
Emaar Development IPO-EMAA.DU, a unit of Dubai property firm Emaar Properties EMAR.DU, priced its initial public offer of shares below the mid-point of an indicative price range, valuing the deal at 4.82 billion dirhams ($1.31 billion) in Dubai's first
Dubai's Emaar Properties Q3 profit up 32 pct as home sales surge
(Reuters - 12/11/2017)
Dubai's Emaar Properties , which plans to list part of its development unit, reported a 32 percent rise in third-quarter net profit on Sunday, helped by a surge in sales of residential properties. The developer, in which Dubai's government owns a
U.A.E Innovation Fund Backs Dubai Startup InternsME
(Forbes Middle East - 02/11/2017)
Dubai-based intern recruitment portal InternsME has become the first recipient of funding disbursed by the Mohammed Bin Rashid Innovation Fund (MBRIF), a $540 million fund sponsored by the U.A.E. government. InternsME received $540,000 in the
Emaar Plans to Raise $1.5 Billion From Development Unit IPO
(Bloomberg - 02/11/2017)
Emaar Properties PJSC is seeking to raise as much as $1.5 billion from the initial public offering of its United Arab Emirates development business in what would be the country's biggest share sale since 2014. The developer of the world's tallest
RTA & Emaar ink joint venture to launch autonomous vehicles
(Press Release - 01/11/2017)
The Dubai Roads and Transport Authority (RTA) has signed a joint venture with Emaar Properties to study the launch of autonomous vehicles using smart traffic signals as crossings between the Dubai Mall and Boulevard areas. the agreement was signed on the
Nakheel ex-boss appointed CEO of Emaar Development
(Reuters - 01/11/2017)
Emaar Development (IPO-EMAA.DU), set to launch Dubai's first initial public listing in nearly three years on Thursday, has appointed the former boss of developer Nakheel as chief executive, it announced on its website. The appointment of Chris O'Donnell
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