Emaar Properties, the developer of the world’s tallest tower in Dubai, set up a $2bn Islamic bond programme, according to a bond prospectus seen by Bloomberg News. The Dubai government-controlled company yesterday said it hired HSBC Holdings, Royal Bank of Scotland Group and Standard Chartered to arrange meetings with fixed-income investors in Asia, the Gulf Arab countries, and Europe. The meetings will start January 21.
The Address, Emaar’s hotel management company, operates five hotels owned by the Dubai-based parent company in the city. Hotel occupancy rates in the Dubai averaged 75 percent in 2012, among the highest in the world, after conflicts elsewhere in the Middle East and North Africa drove more Gulf tourists to the emirate, according to STR Global.
The design and build team that was behind the world’s tallest building, the Dubai Burj Khalifa, is now aiming to secure new contracts to build an 1,100 high superscraper in Saudi Arabi.
Hayya!, the leading health and fitness centre addressed the increasing health concerns of overweight individuals by hosting the Weight Loss Show at the Hayya! Health Club in Meadows Village, Emirates Hills recently.
Emaar MGF Developers has launched a new Ultra Luxury resedency Emaar Palm Terraces Select in Palm Derives at golf course ant golf couse extesnison Gurgaon. This hot project offers 4 BHK apartments and 5BHK Duplex pent house price starts form Rs. 1,38,57,500