Emaar Development finishes biggest UAE IPO for three years

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Emaar Development finishes biggest UAE IPO for three years

Emaar PA 230x150

Emaar Development, the real estate development unit of Emaar Properties, has priced its Dh4.8bn ($1.4bn) IPO below the mid-point of the initial range, valuing the business at Dh24.1bn ($6.6bn).

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