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It was a company Construction they bought a company “walk” Fashion e-commerce for $ 281 million, having first acquired a 51% stake in 2017, then the remaining 49% in 2019.
The board of directors of the company was Emar property He agreed to acquire his partner’s shares “Dubai estate“in a project “Dubai Creek Harbor” For 7.5 billion dirhams (two billion dollars), according to a company release last week.
She said “Construction“Dubai’s largest real estate developer has reached an agreement with a company “Dubai estate”to purchase its stake in the joint venture between them, the consideration being paid in cash equal to the shares of the joint venture “Construction”what makes “Dubai estate” Its second largest shareholder.
The Dubai government is the largest shareholder of Emaar, owning a 24% stake. Dubai Investments Corporation.
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It was a company Construction he had acquired a firmstrollStyle e-commerce for $ 281 million, having initial acquired a 51% stake in 2017, then the remaining 49% in 2019.
The board of directors of the business was Emar property he agreed to acquire his partner’s sharesDubai estatein a ventureDubai Creek Harbor“For 7.5 billion dirhams (two billion bucks), according to a organization launch very last 7 days.
And she explainedDesign“, the biggest serious estate developer in Dubai, said it had achieved an arrangement with” Dubai Keeping “, to get its stake in the joint undertaking among them, with the return paid in income equal to the shares of” Emaar “, the which helps make “Dubai Keeping” the 2nd greatest shareholder in it.
The Dubai governing administration is the largest shareholder of Emaar, possessing a 24% stake. Dubai Investments Corporation.
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