Log in

Login to your account

Username *
Password *
Remember Me
Login With Facebook

Goldman Sachs Gives “Neutral” Rating To Emmar, Union Properties

ImageGoldman Sachs resumed covering Emmar Properties, Union Properties, and Abu Dhabi National Hotels, giving them a neutral rating. Goldman Sachs said the weak economic activity, slow economic growth, and tight liquidity will cause the current softness in the UAE Real Estate sector to continue. Goldman also gave a ‘neutral’ rating to Sorough Real Estate while Arabtec Holding and Abu Dhabi based Aldar properties were rated ‘buy’.  Goldman Sachs said the economic downturn will continue to create difficulties for Emmar, the Middle East’s largest property developer. Emaar's properties in India, US, Turkey, Morocco, Saudi Arabia, Syria, Pakistan, and Egypt are affected by the economic slowdown.

Special Offers

5-star hotel in Istanbul for only Euro 37 per night

5-star hotel in Istanbul for only Euro 37 per nightByotell is a modern luxury 5-star hotel with glass-walled tower featuring panoramic views over the city of Istanbul and the
  • More Special Offers
  • Destination:

    1. Start date:

    2. End date: