Emaar watching market conditions for hotels IPO | emirates247.com
Emaar Properties, Dubai's largest listed real estate developer, is watching the markets closely to make a decision on a time frame for listing its hotels business, the company said on Thursday. "The timing of the IPO will be dependent on the market conditions. We are watching the markets closely and will take a decision to list at the appropriate time," an Emaar spokesperson said in an emailed statement to Reuters.
