Emaar Properties records net operating profit of Dhs1.249bn in first nine months of 2011

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Emaar Properties PJSC, the global property developer of iconic projects, reported a net operating profit of Dhs1.249bn ($340m) in the first nine months (January to September) of 2011. Revenue for the first nine months this year reached Dhs5.873bn ($1.599bn).

Arabtec faces another challenging year in 2011 (page 1 of 2)

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If 2010 was a tough 12 months for Arabtec shareholders, then 2011 has begun on a disconcertingly familiar note. On January 11 the Dubai-based construction giant - which worked on the world's tallest tower, the Burj Khalifa - announced that it was planning a rights issue as well as a $150m, five-year convertible bond. The news saw Arabtec stock drop almost 7% in the two days after the announcement, on fears of earnings-per-share and stock dilution.

Finasi launches Armani/Dada Checkers Kitchen in UAE

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The Checkers kitchen is the third addition to Armani/Dada kitchen range, following its predecessors, Bridge & Calyx. True to the Giorgio Armani style, the design of Checkers is extremely simple, sober and linear language. Checkers is a functional kitchen, ordered and efficient in its technological apparatus and specialized appliances.

Emaar Properties and the LEGO Group to launch Burj Khalifa Architecture Series model

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Emaar Properties has joined hands with the LEGO Group to unveil the Architecture Series model of Burj Khalifa, the world's tallest building. The unveiling celebrates the launch of the Burj Khalifa as a set in the LEGO Architecture series.

Crystal Fountains changes its name to Crystal following a rebrand

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Recent Crystal projects include the World Voices water installation at the Burj Khalifa in Dubai, the first-ever water shows on a cruise ship on the Royal Caribbean's Oasis and Allure of the Seas, Ferrari World at Yas Island Abu Dhabi and White Square office complex in Moscow.

Spectacular illumination lights up Downtown Dubai as city’s brightest lifestyle destination

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This winter, Downtown Dubai will have the brightest nights in the city, ever. The best visual spectacle of the Festive Lighting can be witnessed from At the Top, Burj Khalifa, the world’s highest observatory deck with an outdoor terrace, or The Address Downtown Dubai, the 63-storey hotel next to The Dubai Mall.

Qatar joins tall building trend with a focus on sustainability and culture

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Over 150 key decision makers from the construction sector gathered to discuss tall building projects at the Tall Building India summit last month with a view to share state-of-the-art structural engineering, the role of constructing vertically, planning for a rapidly expanding population, sustainable solutions and best-practice project management strategies.

Emaar Properties records 2010 annual net operating profit of Dhs3.034bn

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Emaar handed over 3,500 units in the UAE and internationally in 2010, including over 770 units in Burj Khalifa, the world's tallest building and over 420 units in international markets. In line with the business strategy of the Group to focus on the core sectors of property development, shopping malls & retail and hospitality, Emaar Properties transferred its healthcare and education assets to renowned service providers, which will contribute to additional recurring rental revenues in 2011 and later years.

Manchester Business School supports Arabian Business Forum 2011

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Manchester Business School (MBS), one of the world's leading business schools with a thriving executive centre in Dubai supporting almost 1,000 MBA students in the Middle East, has announced its gold sponsorship of the 4th Arabian Business Forum taking place on Monday May 23rd at the Armani Hotel in Dubai.

Abu Dhabi Media teams up with KidZania to introduce children to the world of...

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Arif Amiri, Chief Executive Officer at Emaar Retail LLC, which manages KidZania, said: "The media plays an increasingly important role in shaping public dialogue and pushing the knowledge horizons of youngsters.