Emaar Plans to Keep Safe Distance From Troubled Amlak
The Media Line Staff United Arab Emirates (TML) – Emaar Properties PJSC, the sprawling Dubai real estate developer, had a near-death experience this past week when its chairman made remarks hinting that it might increase its stake in its troubled Amlak Finance unit, a move that would saddle Emaar’s balance sheet with huge debt. Emaar [...]
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