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DFM up 3.3% as Emaar lifts
- United Arab Emirates: Sunday, August 26 - 2007 at 16:48
Emaar Properties has made its biggest single day gain on the Dubai Financial Market (DFM) since May 18, 2006 to end the day on Dhs11, up 6.8% on its previous closing price of Dhs10.3. The rise comes on the back of the announcement of its intended joint venture partnership with Dubai Holding, instead of a cash for shares deal. The DFM ended 3.3% up on 4,285.1 points.
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Jonathan Sheikh-Miller, Deputy EditorSunday, August 26 - 2007 at 16:48 UAE local time (GMT+4)
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