Tuesday 24 April 2012

Can Emaar Bounce Back? | Live Trading News

Kuwaiti bank Bullish on Emaar, Dubai’s largest developer
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Kuwait’s Global Investment House said Saturday that the once hammered Dubai real estate market would enter a phase of stabilization in Y 2012, and that Emaar Properties (L:42CA) would benefit most from it.

Among the five real estate firms listed at the Dubai Financial Market (DFM), Kuwait-based Global Investment House, known as Global, issued a “Strong Euy” order on Emaar, Global said in an analysis released Saturday.

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