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Emaar The Economic City Concludes Capital Optimization Plan

MT Newswires·12/25/2025 02:18:43
語音播報
02:18 AM EST, 12/25/2025 (MT Newswires) -- Emaar the Economic City (SASE:4220) said Thursday it finalized its capital optimization plan, which was aimed at boosting its capacity to implement its growth plans. The process included rescheduling all of the real estate developer's banking facilities, a new shareholder loan, extinguishing accumulated losses through a capital reduction, and a capital increase via debt conversion.