According to industry experts, UAE markets will likely stabilize as a result of the decision Emaar real estate company to buy back a portion of its shares.
The price limit under which Emaar will execute the board's recent buy-back decision is still unknown, according to Gulf News.
However, 10 percent of Emaar's stock amounts to 600 million shares, translating into a figure that will undoubtedly have an uplifting effect on the market.
