Emaar Properties, which trades on the Dubai stock exchange, said today it plans to list up to 30 per cent of its real estate business in the United Arab Emirates, with the funds primarily being distributed as dividends to existing shareholders. The company's retail business, Emaar Malls, already publicly trades.
The developer says revenue reached USD 2.1 billion, an increase of 8 per cent over the same period in 2016, while profits were up 15 per cent.
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