Emaar to name service fee defaulters
Even though some developers in Dubai have moved the Dubai court to get property owners pay their outstanding service charges, Emaar Properties is seeking to publish names of defaulters on public notice boards in their respective communities.
Emaar revenue and profit projected to beat forecast in Q4
Emaar Properties is likely to post higher-than-expected revenue and profit for the fourth quarter of 2009 due to more-than-expected unit deliveries in Dubai and international markets such as Turkey, said Credit Suisse.
Emaar’s Alabbar Says Resources Company May Look at Acquisitions
Mohamed Alabbar, chairman of Emaar Properties PJSC, said his Africa-focused natural resources company may look at acquisitions to grow as it seeks to tap demand for commodities in emerging markets.
Antony Treston is new General Manager of The Address Dubai Marina
Emaar Hospitality Group, the hospitality & leisure subsidiary of Emaar Properties PJSC, has appointed Mr. Antony Treston as the General Manager of The Address Dubai Marina.
Dubai stocks up; Tadawul falls
Emaar Properties climbed 5.4 percent to 3.50 dirham, helping Dubai's index rise 2.7 percent to 1,538 points on Sunday, its largest gain for 11 weeks.
Dubai’s Emaar launches $100 million fund for emerging designers
As a series of glamorous events this week in Dubai attract the fashion world’s heavyweights, Emaar, the Middle East’s biggest developer, has announced its plan to launch a US $100 million fund to support emerging design talent in the Middle East.
Al-Futtaim, Emaar plan $820 million project in Egypt
Al-Futtaim Group and Emaar Properties, two real estate developers from the United Arab Emirates, plan a LE 5 billion tie-up to build a retail and entertainment complex outside Cairo, Al-Futtaim said on Tuesday.
Dubai Stocks Rise on First-Quarter Earnings Expectation, Gain in Oil Price
Dubai stocks climbed to the highest level in almost a week on investor optimism first-quarter earnings in the region will beat expectations and after oil climbed to the highest since 2008.
$46m loss in Emaar’s Indian unit hits trading
Emaar Properties dragged on the Dubai index this morning after the developer's Indian unit swung to a net loss. The Indian subsidiary of the developer of the world's tallest skyscraper, the Burj Khalifa in Dubai, swung to a loss of 2.1 billion Indian rupees ($46 million) for the year ended March 31.
Dar Al Arkan and Emaar EC rebound as Tadawul soars
The Saudi stock market yesterday continued the rally started at the end of last week as recent fallers Dar Al Arkan Real Estate and Emaar Economic City turned a corner to finish 1.31% and 0.59% respectively.
