Deyaar mulling reducing capital
12/02/2014 9:49 am EDT

share with your network:

Dubai’s second-largest publicly traded property, Deyaar Development has said it is considering reducing its capital, Bloomberg has reported. The board of Deyaar, which is controlled by Dubai Islamic Bank (DIB), will meet on tomorrow to discuss restructuring capital, the company said, without providing further details. The company will also consider allowing non-Gulf nationals to buy its shares.

About the Author

share with your network:

Share your view

© 1996-2015 Media quest FZ LLC A media and entertainment company
Middle East Main Office
[email protected]
© 2015 Dubai Business | Ameinfo . All rights Reserved.