Sunday 30 August 2015
 
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Emaar unit eyes $2.3bn from Egypt IPO

Egypt's Emaar Misr has priced its initial public offering at E£3.8 ($0.4980) per share, parent firm Emaar Properties said on Thursday. Based on this offer price, Emaar Misr’s market capitalisation at listing will b

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Emaar trims Egypt listing price, sees $334m float

Dubai's Emaar Properties announced the price range on Thursday for the initial share sale in its Egyptian unit, giving an offer size of E£2.55 billion ($334 million) at the top of the range. The initial public offer will

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Emaar unit set for $353m Egypt IPO

Emaar Misr, the Egyptian unit of Dubai's Emaar Properties, will offer 14.9 per cent of its shares in an initial public offer (IPO) in Cairo between June 16 and 25, the company said on Monday. The shares will be priced at E&pou

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Emaar to float Egypt unit on Cairo bourse

Dubai's Emaar Properties plans to list a 13 per cent stake in its Egyptian unit on Cairo's stock exchange, the largest listed developer in the UAE said on Wednesday. The share sale will comprise a public offering to retail

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Emaar targets Q2 for $270m Egypt unit float

Dubai's Emaar Properties will submit plans to float its Egyptian unit to the North African country's regulator "within days" ahead of an initial share sale earmarked for the second quarter, two sources aware of the matter told

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Emaar targets Q2 for $270m Egypt unit float

Dubai's Emaar Properties will submit plans to float its Egyptian unit to the North African country's regulator "within days" ahead of an initial share sale earmarked for the second quarter, two sources aware of the matter told

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DI unit commissions new glass production facility

UAE-based Emirates Float Glass (EFG) has successfully commissioned a new facility aimed at enhancing its production capabilities to cater to the automotive glass sector. A subsidiary of Dubai Investments, EFG is a major integrated

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Emirates denies plan to list shares

Dubai's Emirates airline today denied any immediate plans to list on the stock market, an Al Arabiya News report said. Reacting to a report in The Telegraph that the airline that Dubai is considering selling off part of the lu

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Emirates denies plan to list shares

Dubai's Emirates airline today denied any immediate plans to list on the stock market, an Al Arabiya News report said. Reacting to a report in The Telegraph that the airline that Dubai is considering selling off part of the lu

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Top Oman Islamic banks to float shares

Oman's two Islamic banks will float 40 per cent of their shares by June, the Sultanate's central bank executive president Hamood Sangour al-Zadjali said on Monday. Both banks, which are currently under formation, were awarded shari

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