From Arabianbusiness.com: Dubai developer Emaar Properties may raise its stake in troubled Islamic mortgage provider Amlak but has not decided by how much, Emaar’s chairman has said.
Emaar, the UAE’s largest listed property firm, may also take provisions related to Amlak in the first quarter of 2011, Mohammed Alabbar said in an interview with al Arabiya television on Wednesday……………………………………….Full Article: Source