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Saturday, November 28 - 2009

Emaar asked for Kingdom clarification

  • United Arab Emirates: Tuesday, June 16 - 2009 at 11:22

The UAE stock market authority has asked the Dubai Financial Market (DFM) to seek clarifications about the accord signed with Kingdom Holding Co from Emaar, including details such as its nature, its value and its expected impact on the revenue of the company. The request came after the shares of Emaar fell the most in two months yesterday following the company's denial of the deal.

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