Foreign

Foreign Ownership

Emaar Properties Will Approve 100 Percent Foreign Ownership

Shareholders Of Emaar Are Pleased As The Stock Soars Past Dh6 In Early DFM Sessions. Emaar has scheduled a shareholder meeting for September 21 to obtain their approval. Before issuing 659.05 million shares at Dh1 apiece in order to increase the developer's capital. The developer's new capital will be Dh8.83 billion as a result. A "special resolution" to eliminate the requirement that UAE and GCC...

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