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.
Malls and hotels lift Emaar profits
Homebuyers may be scarce in Dubai, but bargain hunters in the emirate’s biggest mall helped profits more than triple at Emaar Properties, the developer of the world’s tallest tower.
Emaar ready for ‘truce’ with govt
Claiming victory, the state government has said that Dubai-based Emaar Properties PSJC has agreed to restore the 26 per cent share in the Emaar Hills Township to AP Industrial Infrastructure Corporation (APIIC) as per the agreement reached between the two entities.
Emaar Properties and EHL form healthcare agreement
Emaar Healthcare Group, the healthcare subsidiary of Emaar Properties has entered into a collaboration with Emirates Healthcare Limited (EHL) on its healthcare portfolio.
Emaar Profit Falls 45%, Missing Estimates, on Burj Khalifa Handover Drop
Emaar Properties PJSC (EMAAR), the builder of the world’s tallest tower in Dubai, reported a 45 percent decline in first-quarter profit, missing analyst estimates, as it delivered fewer units in Burj Khalifa.
Burj Khalifa builder Emaar takes a Q4 profit hit
Emaar Properties, the largest property developer in the region, reported its fourth quarter profits drop by 62 per cent to Dh274 million compared to the same period in 2009 after two partly-owned companies wrote down the value of their assets and costs rose.
Emaar Properties executes first fixed-income offering
Emaar Properties has priced its first international fixed-income offering, raising $500 million via the issuance of trust certificates with a maturity of 5.5 years at a yield of 8.500 per cent.
Emaar strengthens international brand outreach as ‘Official Partner of Lotus F1® Team’
September 5, 2013: Emaar Properties PJSC, the global developer of iconic projects, has joined forces with Lotus F1® Team as its 'Official Partner.'
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.
Emaar founder eyes Africa’s commodity riches
Mohammed Ali Alabbar, chairman of Dubai real estate mammoth Emaar, has adopted a lower profile within the emirate during the past couple of years.
