ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, …
Read More »Emaar IPO plan hits Dubai, Saudi fails test of resistance
Reuters Dubai’s leading real estate developer, Emaar Properties, pulled the emirate’s stock index lower on Sunday while Saudi Arabia’s index again retreated from major technical resistance. The Dubai index lost 0.8 percent to 3,644 points, pulling back from resistance on the August peak of 3,681. Emaar slid 2.1 percent after saying it expected to sell 20 percent of its local …
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