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July 27th, 2006 - 05:21 GMT

Emaar the Economic City IPO oversubscribed in three days; SR3.5 billion collected in four days

The ten-day initial public offering (IPO) of Emaar the Economic City (EEC), which opened on July 22, 2006, has been over-subscribed in just three days. EEC is a consortium headed by Emaar Properties
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