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Nakheel may follow Emaar unit's IPO lead

Published Mon, Sep 22, 2014 · 04:00 PM
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[DUBAI] The chief executive of Dubai's palm island developer Nakheel said the success of a share sale by the malls unit of rival Emaar Properties could encourage it to list its own shares on the emirate's stock market.

Emaar, Dubai's largest real estate developer, is aiming to raise as much as US$1.58 billion from the offer of shares in Em…

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