Emaar Financial Services to raise capital

Published February 22nd, 2005 - 07:58 GMT
Al Bawaba
Al Bawaba

The newly-established UAE brokerage company Emaar Financial Services will raise its capital to $2.7 million from the current $1.4 million in a bid to enable Kuwaiti investment company Global Investment House to participate in the company with a 25 pct stake, Al Bayan reported.

 

Emaar Financial Services was established by Emaar Properties and its subsidiary Amlak Finance.