Emaar Properties set to end UAE’s IPO drought, eyes real estate biz stake sale

An Emaar Properties PJSC sign stands beside billboards promoting the Opera district developments near the Burj Khalifa tower in Dubai, United Arab Emirates, on Friday, Nov. 7, 2014. Photographer: Chris Ratcliffe/Bloomberg

The company that helped build entire neighborhoods in Dubai plans to sell part of its business in the United Arab Emirates in an initial public offering.

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