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Emaar rises 4pc on share buyback plan

Dubai, September 14, 2008

Dubai's Emaar Properties opened 4.1 percent higher in early trade after it announces a share buyback scheme, lifting the Dubai benchmark index.

The property firm said on Saturday it would begin to buy back shares, which have fallen nearly 50 percent this year. The Dubai index opened 1.83 percent higher at 4,336 points. - Reuters




Tags: Emaar | Shares | buyback |

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