The Dubai Mall, one of the world’s biggest shopping centres, saw footfall increase last year by around 27 percent over 2009, despite the economic crisis.
February 13, 2010: Emaar Healthcare Group, the healthcare subsidiary of Emaar Properties, has opened the Meadows Clinic, the first community clinic that will also serve residents of Emaar’s other master-planned communities including Emirates Hills, The Lakes and The Springs.
A group of 18 senior officials from the US Congress recently visited and toured King Abdullah Economic City (KAEC) to discuss and explore the city's investment opportunities. The delegation was received by senior executives from Emaar, the Economic City (EEC), the Tadawul-listed company developing KAEC.
Emaar in conjunction with the Dubai Shopping Festival is proud to host the finale of the 2011 DSF Carnival. Witness a spectacular parade with international performances ranging from floats, percussionists, acrobats, dancers and more. The DSF Carnival occurs daily from 17 – 19 February from 6:30 to 7:30 pm, on Emaar Boulevard in Downtown Dubai.
Dubai developer Emaar Properties may raise its stake in troubled Islamic mortgage provider Amlak but has not decided by how much, Emaar's chairman said on al Arabiya television. The United Arab Emirates' largest listed property firm may also take provisions related to Amlak in the first quarter of 2011, Mohammed Alabbar said in an interview on Wednesday. "I believe if this is part of the solution (for Amlak) we will raise the stake," he said.
As real estate prices continue to drop in Dubai and Abu Dhabi given the ever growing oversupply of residential and commercial space, some of the UAE's top developers are looking outside the country for new markets. Emaar, Dubai's largest developer, has been focusing on projects in the Middle East and beyond.
Arabian Gulf Shares rose, sending Dubai’s gauge up the most in a month, on optimism Egyptian President Hosni Mubarak’s pledge to step down will help quell protests that entered a ninth day. Emaar Properties, builder of the world’s tallest skyscraper with a unit in the North African country, gained the most since September. Dubai Islamic Bank advanced 3.2 percent after Fitch Ratings assigned the lender a long-term foreign currency issuer rating of A.
UAE; January 15, 2010: Classic car collectors can now register their cars for the annual Downtown Dubai Classic Car Show, organised by Emaar Properties at Emaar Boulevard in Downtown. Following the huge success of the show in 2009, the second Classic Car Show will be extended to four days from February 18 to 21, 2010.
The Address Montgomerie Dubai, a five star premium golf retreat owned and operated by The Address Hotels + Resorts, features conferencing and event management facilities with a difference. The retreat is the fifth property in The Address Hotels + Resorts portfolio in Dubai and offers one of the most luxurious golf resort experiences in the Middle East.