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Emaar Development IPO takes a beating due to M-E geopolitical risk
Published Thu, Nov 23, 2017 · 09:50 PM
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Dubai
GEOPOLITICAL risk in the Middle East took a toll on the debut of a stock linked to one of the strongest brands investors can find in the United Arab Emirates (UAE) market.
Emaar Development, the UAE real estate developer that began trading in Dubai on Wednesday, fell 4.3 per cent. That was the worst debut trading day since 2014 among the …
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