Goldman Sachs Gives “Neutral” Rating To Emmar, Union Properties
Published by Irhal
Goldman 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…

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