Emaar Malls Listing Could Be First Of Other Emaar IPOs
Earlier this week Dubai real-estate conglomerate Emaar Properties announced it will be launching the initial public offering of its profitable malls business in September. This move is positive for existing Emaar investors as a spinning off and separate listing will most likely raise the value of the Emaar Malls Group and if it is a success it could be the start of other Emaar operations also listing separately to maximize their valuations.
- Investment Banking Banque Saudi Fransi: Leading transformation
- Investments Fitch: favourable industry dynamics support aircraft lessors
- Islamic Finance Bahrain issues landmark regulations on Shari'ah governance
- Investments Acquisition of Drydocks World and Maritime World is credit positive