Emaar Properties has stated that it is not a party to the arbitration case against Emaar Misr for Development, and that this case has no impact on the company's shares. Emaar Properties confirmed that the lawsuit was filed against its subsidiary, Emaar Misr for Development, and that it does not affect the operations or financial performance of the parent company. The company stated that it is monitoring the situation closely and will provide further updates as necessary.
Emaar Properties: Lawsuit has no impact on our shares
Emaar Properties confirms it is not involved in a lawsuit against its subsidiary, stating the case has no impact on its shares.