Emaar Properties PJSC’s $1.5 billion initial public offering of its United Arab Emirates development business received bids for the entire amount within half a day of the issue’s opening, according to Bloomberg.

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Airbus SE is working with Emirates, the biggest buyer of its A380 double-decker airliner, on a follow-up deal, which would bring much-needed relief to a program that’s running out of orders as carriers pick smaller more fuel-efficient aircraft, says Bloomberg