Emaar Malls Records $1.6 Billion IPO

Posted on 09/30/2014


Dubai-based Emaar Malls Group raised US$ 1.6 billion in its initial public offering (IPO). This is the biggest IPO in the United Arab Emirates since 2007 – DP World had a US$ 4.96 billion offering. Emaar Malls Group spun-off from Dubai-based Emaar Properties PJSC. Emaar Properties indicated they will sell key interests in Emaar Malls […]

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