Monday 22, January 2018 by Jessica Combes

Union Properties sells entire stake in Emicool for AED 500 million


UAE real estate developer, Union Properties PJSC, has announced the sale of its entire stake in Emicool LLC, a district cooling services provider, to Dubai Investments PJSC, which already owned 50 per cent, for AED 500 million (around $137 million).

Features & Analyses

Economics Adapting to a new era

  Abdullah Al-Fozan, Chairman of KPMG MESA and KPMG Saudi Arabia, provides an exclusive commentary on the Kingdom’s business… read more