Emaar's Egypt unit signals chairman role change ahead of float

April 6, 2015 3:23 PM

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DUBAI, April 6 (Reuters) - Emaar Misr, the Egyptian unit of Dubai developer Emaar Properties, said on Monday investors would vote later this month on whether to amend chairman Mohamed Alabbar's position on the board.

There has been increased speculation that Alabbar, who founded and has run Emaar Properties since its inception in 1997, may leave due to his other commitments in the real estate sector.

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