Dubai's Emaar to launch long-awaited malls unit IPO in Sept
Emaar Properties will launch its highly anticipated initial public offer of at least 15% of its shopping malls and retailing unit on Dubai's main stock market in September, and plans to list the shares in October.
Bahrain detains Shi'ite rights activist on arrival at airport
Bahraini authorities detained prominent human rights activist Maryam al-Khawaja on Saturday on her arrival at the Gulf state's airport, her mother told Reuters.
Dubai's Emaar Properties shares surge before malls unit flotation
Emaar's shares rose 5.4% to AED 10.80.