Dubai's Emaar Properties has hired advisors including Standard Chartered fo...
A logo of Dubai's Emaar Properties, builder of the world's tallest tower, is seen at an under-construction building, in Dubai, UAE March 3, 2016. REUTERS/Ahmed Jadallah
Emaar Chairman Mohammed Alabbar had said in a interview with CNBC Arabia in July last year that the group, which is 32% owned by the emirate’s government, is seeking to sell assets beyond its main businesses. Emaar dismissed the report relating to its cooling unit. “The information is factually incorrect,” an Emaar spokeswoman said. “We do not comment on market rumors and speculation.” Standard Chartered declined to comment.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Curious foreigners get rare chance to sample Emirati cultureNo question was off limits for curious tourists and foreign residents of Dubai w...
Read more »
The Latest: Iran quadruples low-enriched uranium productionDUBAI, United Arab Emirates (AP) — The Latest on developments in the Persian Gulf region and elsewhere in the Mideast amid heightened tensions between the U.S. and Iran (all times...
Read more »
Yemen rebels say drone hits arms depot at Saudi airportDUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels said Tuesday they launched a bomb-laden drone targeting an airport in Saudi Arabia that also has a military base inside of it, an attack...
Read more »
US aircraft carrier seen as barometer of tensions with IranDUBAI, United Arab Emirates (AP) — Ordered by the White House to the Persian Gulf, the USS Abraham Lincoln aircraft carrier has become a 100,000-ton barometer of the tensions between Iran and the...
Read more »
Brazil's Caixa picks Morgan Stanley as co-advisor on insurance deals: sourceBrazilian state lender Caixa Economica Federal has picked investment bank Morgan...
Read more »
Deutsche Bank plans cuts in U.S. equities, prime unit: sourcesDeutsche Bank is planning cuts at its U.S. equities business, including prime br...
Read more »
Your Glorified Ignorance Wasn't Cool Then, And Your Scientific Illiteracy Isn't Cool NowThere are real problems that our society faces, and only through expert-level knowledge can we solve them.
Read more »
Georgia District Attorneys Vow Not To Enforce State's 'Heartbeat' Abortion BillProsecutors for five of Georgia’s most populous counties say they won't prosecute women who get abortions under the state's 'heartbeat' bill.
Read more »
Rapper Meek Mill scores big win as district attorney calls for new judge and trialRapper Meek Mill scored a big legal win today after the Philadelphia district attorney filed documents with the Pennsylvania Superior Court calling for a new judge and a new trial for his case.
Read more »