UAE real estate giant Emaar to raise $1.5b from IPO

DUBAI: Emaar Development, a unit of Dubai property firm Emaar Properties, has set an indicative price range for its initial public offering, which would value the deal at 5.52 billion dirham ($1.50 billion) at the top end of the range. This is the first major listing in Dubai since late 2014 when Emaar Malls raised Read More